In the short term the pound may test the 1.5932 level

December 30, 2014


Sell on a level breakthrough of 1.5485 with 1.5415 target. Stop loss = 1.5545.

Reason for the trading strategy

The British pound, just like its European counterparts, has come under sales against the background of the growing political crisis in Greece. In case the UK exits from the EU, the Foggy Albion's economic growth would probably accelerate. In the short term we do not exclude the pound falling to the 1.5415 level and in the medium term to the 1.5230 level.


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