We saw the depreciation of the pound sterling against the dollar over the previous two days and already was a logical consequence because this pair has become in the case of saturation in requests Sales on the time frame of four hours at the price 1.6226 The pair broke the 1.6060 barrier as you see a strong support level and the price drops after it arrived to 1.6006 and then a little cohesion. Now the pair is expected to rise with the start of trading after the weekend even touching the descending trend line decree that you see in the figure below.
Note: On Tuesday, October 14, contains a strong economic data on the pound sterling (the consumer price index (annual))
Finally for all guys pay me your attention
High Risk Investment Warning: Trading foreign exchange (forex) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
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