22.01.2014- ​​​ Falling in unemployment has led to an increase of the pound

The GBP/USD worked through the figure of "triangle". Price of the pound was fixed above the level of 1.6460, which was a confirmation of a buy signal. The immediate goal is the level - 1.66, after breaking through which the growth is likely to continue. Fundamental reason for the rise in quotations has become a positive labor market statistics for November, where the unemployment rate declined to 7.1%, while the forecast was 7.3%. The number of unemployed fell by 24 thousand, though expected decline was 33.8 thousand.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.