03.03.2016 - The British pound corrected upwards

The price of the British pound corrected upwards after could not continue the negative dynamics and has overcome the support level at 1.3860. Currently quotations returned within the frames of the downward channel that has left earlier and may continue to rise to 1.4200 and the upper limit of the downward channel. Our medium-term outlook remains negative, and after the completion of the current correction, we expect the resumption of the fall with the potential of reaching 1,3500-1,3600.

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