Currencies  |  March 07, 2013 06:33:19

British pound to euro couple with stagnant


British Pound to pair EUR / GBP held from mid-January of this year, in a relatively narrow lateral band. Except for a few small punctures is between the values ??of 0.8570 and 0.8670. And that's a fairly large number of shops, as prior to this consolidation and trading volumes were halved.

By contrast, the pair with the U.S. dollar to pound their positions and do not hold still, and attack weakens the S / R level on the border of 1,500. But we can also say that it strengthens the dollar and even against the euro, making dollar may not be the one who is to blame for the development of this currency pair.
Today will be our time after noon rate as published by the European Union as well as the UK. Both are expected to keep the prior art.Will be especially important to the subsequent comments, which shows whether the central bank sees recovery or still need to stimulate the economy and strengthen.

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