24.02.2016 - The British pound has overcome the level of 1.40
The price of the British pound continues to decline after fixed beyond the local descending channel and has broken through the local minimum at 1.4080. As a result, the quotes broke through the psychologically important level of 1.4000 and continued to fall, which may continue to 1.3860 and 1.3600. On the other hand, we expect the resumption of growth in the medium term and recommend to look for a buy signals with the growth potential up to 1.4600 and 1.5000. British pound volatility will remain high in the near future.