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The pound sustains

The pound sustains | 17 November 2015

17 November 2015, GBP/USD

As the euro has was updating its lows once again, the pound continued to staunchly defend its interests.

That is why no significant changes in the scenario for this pair has not yet happened. < p> Another question is how long the British currency can sustain, we can not exclude that the pair can accelerate and get very much down at one moment.

As long as this has not happened, there is a chance for implementation of the rising scenario, according to which in the near future we can expect resumption of impulse growth caused by the wave (iii).

The pound sustains

Vasiliy Lukin
FreshForex Analyst
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