Monday, June 29, 2009

Analysts appreciate prospects Pounds

According to analysts of BNP Paribas, the main drag in a couple of pound / dollar rate in favor 1.6550 - still below the pair holds the mark, possibly reducing the pound / dollar to a level of 1.6375. However, in the case of strong resistance 1.6550 breakthrough and then the old maximum of 1.6665, the couple rushed to the goal at 1.70, and possibly continue up to 1.74. Currency strategists from Barclays Capital also positively consider the prospects for the British pound and believes that among the major currency the pound is in the best position to carry out a breakthrough. The bank believes that if a couple of pound / dollar could rise above the recent maximum of 1.6625, it was rushed to a level of 1.6830. With regard to the pound in a couple of euro, it has cross-rate is kept below 0.8605 resistance, it is likely further decline in euro / pound to levels of 0.84 and 0.8315. Now a pair of pound / dollar was at 1.6524, euro / pound traded at around 0.8484.

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