BNP Paribas expects continued decline of the British pound

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.