10.02.2015 - Traders are waiting for the signal on the British pound
The price of GBP/USD corrected down after could not continue the growth after reaching the inclined resistance level and the level of 1.5350. At the moment, quotes continue to consolidate near the level of 1.5200. The breaking of this level of support will be the basis for further price decline to 1.5000. In case of resumption of growth and breaking through the level of 1.5350, the price will continue to rise to the level of 1.5500. We maintain a negative medium-term outlook on the British pound, but admit the possibility of growth in the near future.