Analysts advise selling the euro / pound

The stagnation of the euro / pound in the past few days, and his gradual decline from recent highs does not inspire optimism, some analysts who see the risks that the couple, who currently holds around stg0.9033, will continue to correction after the recent rapid growth. This point of view, in particular, hold a currency strategist BTMU, who counsel attempts to use the growth of a single currency for sales with the expectation of a decline in the short term. At UBS, meanwhile, believe that in the run-up to the nearest meeting of the MPC, which is scheduled for early next month, the British currency is likely to remain under pressure, but in general, they expect the Bank of England will give market participants more clearly understand their position, and advised to seek opportunities for sales of euro / pound.