17.09.2015 - The British pound showed strong growth

The price of the British pound rebounded from the bottom of the local rising channel after failed to overcome the level of 1.5350. The next upside target levels are 1.5550 and 1.5675. In case of the price correcting, quotations may return to the lower boundary of the channel. Fixing below 1.5350 will be a signal for opening short positions with the targets at 1,5200 and 1.5000. We expect increased volatility and maintain the medium-term negative outlook.

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