As a result of today’s growth market broke out thru top of the lasting nearly three weeks consolidation. As in the afternoon came reaction of the supply in the near future we can expect continuation of declines and re-test today defeated level 0.7600 coinciding with measuring the 50% Fibonacci correction.
As a result of published today at 13:00 official summary of the meeting of Bank of England (BoE) concerning monetary policy and the maintenance of interest rates and asset purchase program unchanged, there has been a strong depreciation of the pound sterling. Half an hour later, was also held a press conference, which further deepened declines in GBPUSD. In the near future we expect to retest the lower limit of the growth channel.
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