30.12.2014 - The price of the British pound rebounded from support
The price of the British Pound corrected to the psychologically important 1.5500 level of and now rebounded from this level. In case of continued upward momentum quotations may continue the growth to the levels of 1,5750-1,5800. On the other hand fixing the price below 1.5500 will be a confirmation of the opening of short positions to around 1.5000. The price volatility will remain low until next week. We predict a rise in prices in the near future, but the medium-term outlook remains negative.