GBP / USD pair fell on Wednesday more than 100 points and reached the level of 1.6700. Was overcome by the support arp 4761 level 1.6770 that was displayed during the second half of April and Tuesday, as well as the level of the previous relative low May 15, about 1.6730. Was overcome and the level of the 55-day average. Such a strong movement to overcome technically important levels arp 4761 of education arp 4761 increases the probability of important tops and long-term reversal pair. The area around 1.6660, 100-day moving average, can now be considered as a probable area of support for the couple. It also corresponds to a relative maximum late March-early April highs of January. Market probably does not wait for an early increase arp 4761 in the interest rate of the Bank of England, as the Bank of England instead example special measures to cool the mortgage, which can push the time of the decision to raise rates by at least a few months.
Tuesday, June 3, 2014
GBP / USD pair fell on Wednesday more than 100 points and reached the level of 1.6700. Was overcome
GBP / USD pair fell on Wednesday more than 100 points and reached the level of 1.6700. Was overcome by the support arp 4761 level 1.6770 that was displayed during the second half of April and Tuesday, as well as the level of the previous relative low May 15, about 1.6730. Was overcome and the level of the 55-day average. Such a strong movement to overcome technically important levels arp 4761 of education arp 4761 increases the probability of important tops and long-term reversal pair. The area around 1.6660, 100-day moving average, can now be considered as a probable area of support for the couple. It also corresponds to a relative maximum late March-early April highs of January. Market probably does not wait for an early increase arp 4761 in the interest rate of the Bank of England, as the Bank of England instead example special measures to cool the mortgage, which can push the time of the decision to raise rates by at least a few months.
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