07.03.2016 - The British pound resumed its fall

The price of the British pound has shown growth during which has reached the upper limit of the downward channel, but could not overcome it and started to decline. In the near future the price may fall to the levels 1.4080 and 1.4000. Continuation of growth to the next target level 1.4365 is unlikely, and we expect the resumption of negative dynamics of price in the near future and medium term, with potential targets at 1.3860, 1.3600 and 1.3500.

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