Rabobank prospects pounds

Rabobank Analysts point out the duality of the British currency, which during the European session, strengthened against the dollar and losing ground against the euro. They report that this situation contributes to a new wave of optimism among investors, due to another attempt to Merkel and Sarkozy to save the single currency. However, they added that the crisis of the euro area will continue to hang "Sword of Damocles" that within three months will allow the euro / pound to come to the mark stg0.85, while rather weak performance of UK macroeconomic data loss will reduce the dollar against the pound. At the moment the pound / dollar traded at $ 1.5640. The current euro / pound stg0.8669.