Pound may fall against the backdrop of fears of excessive growth of government. Debt in the UK. In addition, the political background of the country also remains unfavorable. Analyst Royal Bank of Canada believes that the next election by any party will not be able to get a direct vote. "Fiscal discipline governments may hurt to hit the pound. And the political uncertainty, only exacerbate the pressure on the currency." According to dealers, the resistance is taking place in the area of $ 1.4820/25, that it deters upward momentum in early European session. Now a pair of test support at 1.4795 in the rollback. Below this level may decline to 1.4785/80.
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