The UK started a PR campaign aimed at attracting investments for the 2012 Olympic Games, which are going to be held in London next summer.
David Cameron, British Prime Minister, has recently announced the “GREAT” campaign in New York. He says the British authorities have in store a lot of other events, which will allow investors and tourists to have a fresh look at Great Britain thus attracting some extra funds. The Prime Minister assumes that by visiting the 2012 foreign investors and businessmen can find a lot of opportunities in the UK.
The authorities expect the events to bring almost 1 billion pounds.
FOREX.
According to the Department of Masterforex-V trading system , GBPUSD keeps declining and forming the bearish “Hound of the Baskervilles” pattern by Elder/MF inside wave C. The next levels of support are 1.529, 1.521, 1.520, 1.519, 1.518 (calculated by ’s experts). In order to complete the current downtrend GBPUSD needs a break above the mid-term MF pivot 1.5840 (as shown below):
