16.06.2015 - We expect growth of the pound to 1.5700
The price of the British pound today has shown a strong increase in volatility, and after falling to the level 1.5500 continued to rise and currently approached the upper boundary of the rising channel. In case of correction, quotations can return to the level of 1.5500. Probability of reaching the target level of 1.5700 in the near future is above average. We expect growth in the near future, but the medium-term outlook remains negative.