11.09.2014 - The British pound rose sharply
The prices of the British pound after a significant fall and consolidation around 1.6050 the level of started to correct upwards. The reason for high volatility is speculations about a referendum on Scottish independence. At the moment, the price continues to correct upward and we forecast in the near future will close the gap and reach the level of 1.6300. Increase in volatility is expected after September 18th. We expect a sharp rise in the case if Scotland will vote for the country to remain in the United Kingdom.