15.10.2015 - Strong growth of the British pound was replaced by correction
The price of the British pound reached a level of 1.5500 and a sloping line of resistance after strong growth yesterday. Despite the strong upward momentum, quotes began to correct downwards. With a further fall, the price will reach marks 1,5350-1,5375. On the other hand, breaking and fixation above 1.5500 will be the basis for further increase of quotations to 1.5675. Our medium-term outlook remains negative.