Friday, April 24, 2009

Pound / dollar. Comments dealers

The British currency has completed yesterday the increase, given that the break above $ 1.46 triggered a wave of liquidation of open short positions earlier, but now bears again moved on the offensive, and now the pound traded near fresh minima session. Dealers noted that attempts to go back above $ 1.4680 now face fierce response, and although bidy of $ 1.4630/20 while holding a pair of further reduction, the mood remained negative, considering the rumors that the leading rating agencies in light of the published in this week's budget Great Britain are considering the possibility of reviewing the credit rating of the country for the worse with the current AAA. Retailers warn that break below the $ 1.4620 support could further reduce vapors, but also reported that some figures of interest to buy more powerful than the current levels.

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