06.03.2015 - The British pound has accelerated the fall

The price of the British pound continued to rise after some consolidation near the level of 1.5250. At the moment, the quotes broke through the strong level of 1.5200 and in case of price fixing below this mark, may continue the decline to 1.5000. In case of correction, the price will rise to 1.5250 and 1.5350. We look forward to continuing the downward price movement to 1.5000 and recommend holding short positions.

GBP and USD Technincal Analysis in 2015

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