Friday, April 17, 2009

Pound / dollar continues to feel pressure

Pound / dollar has managed to overcome the orders for the sale of about $ 1.4820, but the next series Ofer $ 1.4850/60 in the area was too large for the bulls, but dealers note that at these levels increased, and short-term accounts, looked forward to the fall of a couple. The latter has now returned to $ 1.4800, which is now seen bidy, break below that would pound back to minimize the session around $ 1.4756, while Commerzbank currency strategists note that would not rule out further falls in the direction of a pair of $ 1.4650 and then to $ 1.4560, therefore decided to leave before long positions in the pound / dollar.

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