Tuesday, July 28, 2009

Barclays Capital: the pound / dollar could again test the annual maximums

According to analysts Barclays Capital, taking into account the recent rise in commodity and stock markets, increasing the likelihood that a pair of pound / dollar annual re-test up to a maximum of 1.6660 and 1.6740. However, the Bank believes that this path will not be easy - the long-term resistance levels are up to the level of 1.6950. In the case of reducing a pair of runs in support of 1.6380/1.6310. At this time, a pair of pound / dollar trading at around 1.6521.

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