GBP/USD British pound rate long term forecast - down to 1.242, 1.173 - Forex Trading Today

Forex trading GBP/USD : It seems the British pound has started to go down again. It will be a long journey. The resistance lines are 1.3045 and 1.32. The support lines could be 1.242 and 1.173. I don't know if this is the beginning of its historic decline.

It would be better to do sell-trading. We may find opportunities to sell GBPUSD at around 1.295. If they go over 1.3, it would be a very good opportunity. Almost all experts and traders talk about Brexit, however, it can not be the core, and is not.

 [GBP/USD rate weekly chart]
Forex trading : GBP/USD British pound rate long term forecast - down to 1.242, 1.173