Tuesday, May 19, 2009

Pound / dollar rushed to the peak last December,

Growth of the British pound sterling in the early tenders in Europe is the most notable event. At the moment, a pair of pound / dollar test a maximum of 1.5442, reflecting the strong intention to test in the near future on the strength of the peaks in December last year at 1.5725. Noteworthy that at 1.5350/55 as vendors aggressively advocated not only the Asian traders, but one major British clearing house, an American investment bank and one of the French accounts. However, despite the volume of applications for the sale, all of which were absorbed. Above 1.5560 happen sterling performance of the foot and rushed up. Currently on the agenda of Ofer Group is in the range of 1.5430/50. Above this series can also be performed by a series of foot.

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