Barclays Capital on the British pound
Euro / pound in European trading broke support, passing on stg0.8720. One dealer said that a good pair can provide the support area stg0.8710/00. However, it will break the downward movement of the euro / pound up to stg0.8685/80. Analysts at Barclays Capital believe that the British currency would continue to feel pressure. They note that the restoration of the pound / dollar from $ 1.5350-1.53 area may come to nothing approaching the level of $ 1.5520 and above $ 1.5630. Bank employees believe that the couple can fall to $ 1.4960. At the moment the pound / dollar steady at $ 1.5425. The current euro / pound stg0.8725.
Euro / pound in European trading broke support, passing on stg0.8720. One dealer said that a good pair can provide the support area stg0.8710/00. However, it will break the downward movement of the euro / pound up to stg0.8685/80. Analysts at Barclays Capital believe that the British currency would continue to feel pressure. They note that the restoration of the pound / dollar from $ 1.5350-1.53 area may come to nothing approaching the level of $ 1.5520 and above $ 1.5630. Bank employees believe that the couple can fall to $ 1.4960. At the moment the pound / dollar steady at $ 1.5425. The current euro / pound stg0.8725.