Currency exchange rates today: pound is not giving way to strong dollar

Pound is struggling with the dollar

In brief: Currency exchange rates today: U.S. presses the single European currency. Pound will not give a bearish onslaught.

Dollar exchange rate remains in the green zone against weakening euro. Pound does not lose hope and opposes the dollar more than confident. Analysts and foreign exchange experts see prospect of the pound’s further recovery.

Pound / dollar recovered from the session’s low at $ 1.5463 and trading at the level above $ 1.5520. According to the dealers, orders for sale are concentrated in the area of $ 1.5540/50 with stops above. The breakthrough of these levels led to an increase pound / dollar to a mark of $ 1.5565, above that mark is also seen stop orders, and further to $ 1.5580. The pound / dollar could be traded at $ 1.5525.

Anna Krostenski
2010-08-22 10:55, Currency news.

News on: , ,

Post a comment