The pound has become stronger on retails "May 19, 2016"

Rate of euro/dollar and pound/dollar, hour period.

The yesterday's protocol of the last meeting of Committee of the Open market of U.S. Fed (FOMC) has strengthened probability June increase of a rate. The dollar has become stronger on all market, except for the British pound which has beaten off the main currencies. Since May 16 he has grown to dollar by 300 points, to 1,4638, and to euro – by 236 points, to 0,7657.   

The pound becomes stronger against increase in number of British who want that Great Britain remained as a part of the EU. At the auction in Europe he has jumped up to 1,4663 on strong data on retails in Great Britain.

Retails in Great Britain in April have grown by 1,3% of m/m after decline by 0,5% in March and above the forecast of 0,5%. The previous value has been reconsidered from-1,3%. Have increased in annual basis of sale for 4,3%, and data for March have been revised towards increase from 2,7% to 3,0%.

The USA will publish data on requests for a dole, an index of activity of FRB of Philadelphia today, and also speech of representatives of U.S. Fed of Fischer and Dudley is expected.

Until traders sell euro in cross-couple of euro/pound, euro/dollar will remain vulnerable before further decrease. The unidirectional pairs EUR/USD and pound/dollar have dispersed in different directions. Time to reduce the formed spread has come. The rate of euro/dollar has to return to 1,1240, and pound/dollar – to 1,4540.