11.06.2016 - The British pound rose strongly

The price of the British pound showed growth after rebounded from the support level at 1.4050 and broke through the upper limit of the local downward channel. Confirmation of the signal was overcoming the resistance at 1.4180. As a result, quotations may continue to rise to 1,4350-1,4400. Despite the current growth, we maintain a medium-term negative outlook and expect fall to 1.3840 and 1.3600 in the coming months.

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