BNP Paribas Recommends short positions on the pound / dollar

According to analysts BNP Paribas, if we compare the statement made on Wednesday, the Fed statement with quarterly reports on inflation, the Bank of England, it becomes clear that the Bank of England will continue to be more active in implementing its akkomodatsionnoy monetary policy. Thus, the bank believes that a pair of pound / dollar will likely continue to remain under pressure, on the basis of which prefer to sell at 1.6560 with a close stop order above, as well as a breakthrough at this level opens the way to a 1.67 mark, which is already in greater confidence could be to sell. Now a pair of pound / dollar was at 1.6570.