GBP
GBP | USD is approaching to the area of closing five-year cycle (end of 2006) located in the area of 1.9575. It is expected that there will be fixation of some positions opened for the sale of GBP and the pair will make rebound upwards.
In the case of turnout signs, it is recommended to open up long positions with intermediate target in the region of 1.9720 and make stop loss below 1.9550.
Among the news about British economy which will be published today, unemployment should be pointed out, however taking into account issue of an important bloc of statistics of the United States it is likely that it will not make any impact.
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