At yesterday’s trades only British pound used its potential opportunities, continued to regain the results of parliamentary elections. Besides, investors hope for increase of forecasts on economic growth. Today pound has best prospects again. Speaking of significant events of this day, British statistics are of most interest – there are data on industrial production. It can provoke regular renewal of monthly maximums, though technical factors make us think about correction. Other currency pairs were quite inactive. European currency corrected lower after Friday on rumors about continued disputes about Greece in the Eurogroup. Still, as there was no any decision, so the pair didn’t show clear dynamics. Changes of other currency pairs were minimal. Despite technical strengthening of dollar in recent days, it doesn't have fundamental support yet. The probability of its renewed decrease in current phase of correction remains relevant issue.
Yesterday in the evening we renewed euro’s long position from 1.1150, stop at 1.1050. In case of a pair growth above 1.12, rearrange stop at the entry point. The initial aim is at 1.1260.
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