• GBP / USD: Pound strengthened in anticipation of my head the Bank of England's King

Market news

22 January 2013

GBP / USD: Pound strengthened in anticipation of my head the Bank of England's King


During the European session, the pair GBP / USD noted at least $ 1.5808 against the general risk aversion, but even the disappointing British statistics could not prevent the Briton to win back some losses and some grow.

The net borrowings amounted PSNB in December £ 15.4 billion (vs. £ 15.2 billion), which brought the total figure as the year to date to around £ 106.5 billion - about £ 7 billion worse than a year ago. The rate of new production orders CBI also disappointingly fell from -12 to -20.

The first attempt was stopped by the growth in the high of $ 1.5880, then the pair retreated and was able to update the intraday high of $ 1.5883. At 19:45 GMT is expected to address the Bank of England King, which can affect the mood of investors. Currently GBP / USD is trading higher by 0.20% at around $ 1.5860/70.


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