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Forecast for GBP/USD for December 27, 2018

GBP/USD

On Wednesday, the British pound fell by 87 points and was supported by the Krusenstern line of the four-hour timeframe. The signal line of Marline dived into the zone of negative numbers, but on the daily chart there is still a positive moment of the strength of this indicator. But in general, the offensive of the "bears" is intensifying. The fix below 1.2628 can direct the mood of the market to decline to support of trend line on the daily chart, 1.2500.

Despite the strengthening of the downward vector, the option of price output over a strong resistance of 1.2717 with subsequent growth in the range of 1.2810/90 is not excluded.

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The material has been provided by InstaForex Company - www.instaforex.com