Analysts said BNP Paribas, in the medium term decline of the British pound will continue. However, note in the bank, now the main theme is the weakening U.S. currency. Pound / dollar is now trading near the bank’s target level of 1.5990 – if the couple overcome this mark, then the growth may continue until the level of 1.6110, where strategists believe the bank profitable sale pairs. At the moment couple pound / dollar traded at 1.5992.
Related posts:
- Euro, British Pound May Decline Against US Dollar as Equity Futures Point Lower (Euro Open)
- British Pound Selling Continues With Unemployment to Set 12-Year High (Euro Open)
- Pound fell lower against the dollar yesterday, but found some support to ease its rate of decline
- British Pound Volatility Threat High as Currency Markets Focus on BOE Minutes (Euro Open)
- British Pound Takes Center Stage as Bank of England Announces Interest Rates (Euro Open)

Posted in 
