Nomura recommends buying the pound / dollar

GBP / USD is trading on a positive note, helped by the strengthening of the euro / dollar. A pair broke above the fifty-fifth the figure and set a new high in European trading session $ 1.5502. As the dealer, spotted the foot on the break of $ 1.5520. Their performance could pave the way for the movement toward $ 1.5550/55. To date, the British pound to the corrected area of ​​$ 1.5485. Nomura analysts recommended to open long positions in the pound / dollar in the run-up to exit the Bank of England decision on interest rates and scale of quantitative easing. They believe that, like last time, the message that the extent of quantitative easing in place, the pair will make a breakthrough at about 100-200 points. The current rate of the pound / dollar $ 1.5483.