Pound / dollar again was unable to hold above 1.50 marks. The pair fell below the support trendline at 1.4675 - a result of Barclays Capital canceled its bullish outlook for the pair. Bank analysts are inclined to favor reducing the pair to 1.41. At Barclays Capital believe that after the recent drop, the pound / dollar will remain in the range between 1.3650-1.50 almost the entire second quarter. Now the pound / dollar was at 1.4582.
No comments:
Post a Comment