30.09.2015 - The British pound is likely to fall further to 1.50

The price of the British pound today has shown increased volatility, but could not change the local downward trend and overcome the level of 1.5200. In case of fixing above this mark, quotation will likely to continue to rise to 1.5350. At the moment, the more probable scenario is a continuation of negative dynamics to the target level of 1.5000. Our medium-term outlook is also negative despite the substantial reduction in the potential for further decline.

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