28.03.2014 - Traders are waiting for data from the UK
The quotes of the British pound continued growth and fixed above the strong level of 1.6600. We recommend to open long positions with the targets of growth to 1.6700 and 1.6750. The increase in volatility is expected after the release of data on the balance of payments, GDP growth and business investment in the UK (09:30 GMT). Fall is limited by the lower boundary of the rising channel. We reserve the medium and long term outlook for the British pound.