Alex Borzak
According to David Cameron, Prime Minister of Great Britain, the private sector of the British economy is showing strength. He says he is glad that the national economy is rebalancing in such difficult conditions and time.
Me jobs are being created as the British economy gradually finds itself coming out of the prolonged recession. Mr. Cameron is sure that the UK government will continue pursuing the policy aimed at cutting the budget deficit. However, he says he cannot predict how much time the national economy will need to recover.
Forex.
According to , the British Pound is still weakening against the US Dollar. The experts report that GBPUSD is forming wave 3/C of level H8.
The closest levels of support are 1.5972, 1.5915. The current bearish move will be completed as soon as the price overcomes the top of the MF sloping channel and consolidates above 1.6041 (as shown below).
Alex Borzak
