27.11.2014 - The British pound will continue to grow in the coming days

The price of the British pound after breaking through the upper boundary of the triangle reached 1.5800, but could not overcome it and now is trying to gain a foothold above the triangle that will confirm the signal for opening long positions with the targets near 1,5960-1,6000 and the stop below 1.5650. Despite a buy signal, medium-term trend remains negative and the signal of its completion will be fixing the price above the level of 1.6000. We forecast a price increase in the short term.

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