HighSky (HighSky)
Currencies  |  April 02, 2013 13:02:00

Pound loses breath after repeatedly weak industry data


Pound to the dollar falls by 0.2% d / d in 1519 after the March PMI manufacturing industry of the United Kingdom. Although it has strengthened mom, but less than expected. In addition, strengthening the mere appearance of small shallow recession mitigation activities sectors.

GBPUSD, daily comment

Pound in the first quarter of the year took a significant downward trend that accelerated with the pound fell as several important benefits. Weakening was even greater than in the case of the euro and the Swiss franc to the dollar. Drop pounds a gate further significant weakening and long-term levels zacílováním 1421 with initial support bands 1509 1511, 1502 1504, 1483 or 1449.But the market is currently near the capital of resistance bands from 1.522 to 1.528 with an additional obstacle 1534.

Josef Kvarda
Analyst
HighSky Brokers

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