Barclays Capital on the prospects for the pound / dollar
GBP / USD continues to restore and, once above the fifty-seventh figure breaks resistance at $ 1.5710/20 located. Nevertheless, the couple can not stay in a new high of $ 1.5728 session, she pulls back to $ 1.5700. Analysts at Barclays Capital believe that the expected recovery of up to $ 1.60 should be, if the pound / dollar rate will settle above $ 1.5715. At the moment there is a pair of strong resistance in the $ 1.5745/50. Testing of this level can be a catalyst for the upward movement of up to $ 1.5765/70. The current rate of the pound / dollar $ 1.5718.
GBP / USD continues to restore and, once above the fifty-seventh figure breaks resistance at $ 1.5710/20 located. Nevertheless, the couple can not stay in a new high of $ 1.5728 session, she pulls back to $ 1.5700. Analysts at Barclays Capital believe that the expected recovery of up to $ 1.60 should be, if the pound / dollar rate will settle above $ 1.5715. At the moment there is a pair of strong resistance in the $ 1.5745/50. Testing of this level can be a catalyst for the upward movement of up to $ 1.5765/70. The current rate of the pound / dollar $ 1.5718.