GBP/USD: decline in the pair can resume. Technical analysis for 14.07.2016

Forex analytics: Review and dynamics Most economists believe that the Pound can continue to decline. Upward correction in the Pound can be terminated by today’s interest rate decision by the Bank of England. It is expected that the rate will be lowered by 25 basis points to the level of 0.25%. In this case, the decline in the Pound and in the pair GBP/USD will continue. If the Bank of England decides to leave ...