Couple pound / dollar fell to the bottom of the recent channel in the region 1.6160/15. According to currency analysts Commerzbank, may form the top, but so far the probability of such a scenario is low, not only because of the general weakening of the dollar, but also because of the lack of symmetry in the figure. As a strategy for bank analysts prefer to get back into long positions in the pound / dollar from current levels with a stop and reversal below 1.6110 and purpose in a range of peaks at 1.6710. Now couple pound / dollar is at 1.6181.
Monday, September 21, 2009
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