Freitag, 8. August 2008




A break of the 2008 low of GBPUSD at the level of $1,9335 has a meaning to continue the current descending trend in the perspective next some weeks, so experts of Barclays Capital. Now the Cross trades at the level of $1,9230, stabilised in the conditions of consolidation. Interest in buy rests in the range between $1,9215 and 00. While the British Pound keeps its strength, repelling pressure from sellers. The British Pound is a little supported by the factor of sell, which are in form of now executing stops at the level at stg0,7840. Barclays defined the next target in the currency pair GBPUSD as the 200-day moving average that lay on Friday at $1,9020. As for rise of the Cross, only in the case of a close above $1,9410 Barclays may speak about false break. While old lows serve as nearest resistances at the level of $1,9335.