Commerzbank: the pound/dollar can find support

V a course of trading session in Europe the pound remains under pressure against US dollar. The next wave of sales has covered currency pair under the influence of sharp decrease in euro/dollar in which course the pound/dollar has punched level of $2.0290 below which stops have been absorbed. All it has given additional stimulus for decrease which has stopped on a minimum of $2.0238. Dealers notice, that in the field of $2.0250 have been placed bidy, and further interest to purchases is observed around $0215/00. However in Commerzbank say, that in spite of the fact that for a day the course has decreased almost on 2 cents, the further sales can be slowed down, as the pair comes nearer to key levels of support. Andrew Heart, the technical analyst of bank, says, that such support in area of $2.0222 and $2.0140 is observed. Forexpf. Ru - Forex News / News Forex