Evidence from the UK have proved negative for the pound

A report on industrial production from the UK was another blow for the bulls on the pound, but last fall to fresh session proved to minimize short and rather limited. Dealers noted that in mind the recent unpleasant surprises from the economic statistics of the Misty Albion series of short-term speculative accounts chose to use the strategy of "Buy on rumors sell on fact", and the current correction of the pound / dollar above is largely due to fixation of profits on short positions, although the cost noted that a good support for the British currency and demand has manifested in the vicinity of minima of the Middle Eastern accounts. Meanwhile, a positive factor for the pound / dollar has been strengthening the activity of bears in the euro / pound, where the seller is noticeable British clearing bank, but in general the situation is still unfavorable, and dealers report that Ofer remain around $ 1.6215, as well as in the area of $ 1.6225 and about $ 1.6240, while the market heard talks on the demand for tie-up in the pound from страйками at $ 1.55 expiring in three months.