Strengthening of the British currency is expected to continue | 09 October 2015
09 October 2015, GBP/USD
In this pair everything has been formed as we expected.
The pound continues to strengthen against the US dollar and this is unlikely to stop.
Potential of the upward movement is about three hundred points so I will keep the open position, moreover, it has already transferred into the black.
Thus, in the future we expect a continued strengthening of the British currency in the framework of this scenario.
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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
