The pound has good chances to strengthen its positions today. In particular, the index of business activity in the service sector can grow from 52.8 to 53.0. In turn, the U.S. statistics also do not favor the growth of the dollar, s the number of open vacancies should decrease from 6.6 million to 6.4 million. Thus, there is virtually no doubt that the pound will be able to grow well naturally if forecasts on statistical data are justified.
The GBP/USD currency pair has once again returned to the level of 1.3300, forming near stagnation in the form of consolidation from candles like “Doji”. It is likely that the bulls will once again try to work out the level by returning the quotation to the values of 1.3350 / 1.3390.
The material has been provided by InstaForex Company – www.instaforex.com
The pound has good chances to strengthen its positions today. In particular, the index of business activity in the service sector can grow from 52.8 to 53.0. In turn, the U.S. statistics also do not favor the growth of the dollar, s the number of open vacancies should decrease from 6.6 million to 6.4 million. Thus, there is virtually no doubt that the pound will be able to grow well naturally if forecasts on statistical data are justified.
The GBP/USD currency pair has once again returned to the level of 1.3300, forming near stagnation in the form of consolidation from candles like “Doji”. It is likely that the bulls will once again try to work out the level by returning the quotation to the values of 1.3350 / 1.3390.
The material has been provided by InstaForex Company – www.instaforex.com
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