Friday, November 13, 2009

Mizuho: pound / dollar may rise to 1.6800

Against the background of improved market sentiment couple pound / dollar rebounded and now rests just below the 1.6700 mark. As the currency analysts Mizuho, steam rolled on the support trend line and 9-day moving average, and in the course of the rollback on the daily charts formed Candle doji ". According to the Bank's strategy against this backdrop pair Pound / dollar could rise again to the area of 1.6750/1.6800. As levels of resistance bank analysts put 1.6700, 1.6750 and 1.6800. Supported by speakers mark of 1.6574, 1.6515 and 1.6500. At the moment pair Pound / dollar is at 1.6666.

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