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Banks change their forecasts for the pair GBP / USD

Written By Mody on May 7, 2012 | 4:45 AM

Commerzbank and Danske Bank have revised their forecasts for the pair GBP / USD. The daily technical report, Danske Bank now says: "The open short positions of 1.6210, 1.6113 teyk-profit, stop loss 1.6255." Commerzbank recommends "try to open a small cut of the deal to 1.6250, 1.6280, stop loss 1.6340, to close positions on 1.6050".
Banks change their forecasts for the pair GBP / USD


Representatives from UBS continues to predict a couple 1.62 over the next 1-3 months.

Today it was announced that in April in Britain was recorded falling prices in the housing market. According to statistics, the price level fell by 2.4% y / y and na0, 5% m / m In the U.S., is expected to yield statistics on the number of people employed in the economy outside of agriculture, as well as data on average hourly earnings. In addition, in America today publish information on the level of unemployment.

Currently the pair is trading at 1.6168.
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