Comments Stone and McCarthy about prospects pound/dollar

Mihael Sakhitello, an analyst from Stone and McCarthy, about prospects of pair pound/dollar: On the day schedule it is visible, that last six trading days the ascending potential of pound/dollar were limited by the line of resistance spent through maxima on August, 3rd and on October, 1st. Probable area of support of pair is the area located between 10 and 20-day sliding averages ($0424/.0407). If approach of these curves to the price schedule cannot provoke break of a course above the specified line of resistance (by closing of day) the price interval $0286/.0251 becomes the following key area of support. Resistance: $0548/.0545 maxima on October, 19th and 25 $2.0529 the top border of channel Bollindzhera $2.0515 a resistance line. Spent through maxima on August, 3rd and on October, 1st Current rate: $2.0497 Support: $0454/.0432 minima on October, 24th and 25 $2.0402 the middle of a price corridor with the beginning from September, 28th, 20-day sliding average $0286/.0251 the bottom border of channel Bollindzhera and a price corridor with the beginning from September, 28th Forexpf. Ru - Forex News / news Forex