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.:: 14.02.2017

Forex forecast for 14 February 2017.
 

XAU/USD

Because of the strong dollar gold prices are falling. Trump promised to announce his decision on taxes next week, so we are expecting for deeper correction. However, trend line may stop factor for the pair. The best way to trade now is wait, till pair touch its trendline bellow level 1218. And buy pair in case of false breakout.

You can view the enlarged chart here.

GBP/USD

Pair is traded in flat with range 250 points. Key levels are 1.24 and 1.2640. The best solution now is trade into flat. We advise You to sell pair if it go higher than 1.2640.

You can view the enlarged chart here.

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