Tuesday pound / dollar fell below 1.50 after the publication of data on the housing market in the UK and disturbing reports of rating agencies about what the consequences would reduce state. support British banks. According to the Royal Institute of certified real estate appraisers, the balance of house prices in February fell to 17, with the figure for January was revised downward to 31. The February fall is considered the most significant since April 2008. BNP Paribas analysts believe the breakthrough valuable support in the field of 1.4975 opens the way for the bears to 1.4590. "Meanwhile, now pound / dollar traded at 1.4944 area and test the foot in the area of 1.4940. A clear break below this level will lead to a fall to 1.4910/00 and Further, to 1.4885.
1 comment:
Hmm that's interessting but honestly i have a hard time understanding it... wonder what others have to say..
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