Bank of England announced yesterday, the pound maintain the benchmark interest rate unchanged at 0.5%. This is consistent with market expectations, while the Bank of England to maintain the value of 200 billion pounds of assets procurement plan unchanged. After the announcement, the foreign exchange market exchange rate of sterling against the dollar showed little reaction.

China Merchants Bank (600036) In its latest research report, the pound continued upward trend, and recently hit a new high last week. From a technical perspective, the pound was approaching overhead resistance, the last two stages where the high point of connection, the resistance is currently at 1.69, tend to think that sterling rally is not over, have the opportunity to test the resistance near 1.69.

Pounds or adjust the pressure in the short-term, but if the euro remains strong, driven in the euro, the pound will also be relatively strong, temporarily done on the callback rate high estimate. Sterling against the U.S. dollar is expected to support at recent were 1.6450,1.6350,1.6150; and resistance were 1.6740,1.6900,1.7050.

, has confirmed the breakdown of the 74.10 support line, then dropped the next big track down channel support, in theory, there should be a rebound opportunity. However, given the current weak trend in the United States refers, if the United States that can not be back on the rebound in 74.10, then the probability will continue to decline considerably, which may test a record low.

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