27.01.2015 - The British pound showed corrective gains

The price of the British pound rose today after it was unable to gain a foothold below the level 1.5000. At the moment, quotes reached the sloping resistance line and in case of overcoming will continue to rise with the target at 1.5200. In the case of a strong correction, the price can rise to the top of the channel. For the resumption of the downtrend needs to fix the price below 1.5000. We maintain our medium-term negative outlook, but admit the possibility of growth in the near future.

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