According to currency analysts Commerzbank, one-week closure of the pair Pound / dollar below 1.6110 is the confirmation that the summit was reached, and it is now possible to reduce a pair of 1.5690/1.5610, where the level of the Fibonacci Retracement and 55-day moving average. Support levels are at 1.5690, 1.5610 and 1.5270. In the broader perspective of the Bank strategists believe that growth will be stopped following a pair of 1.6110/1.6140, and the end of November couple pound / dollar dropped to 1.5135 marks. At the moment pair Pound / dollar is at 1.5859.
Monday, September 28, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment