• GBP / USD: Pound updated intraday low $ 1.6087 against falling NIESR GDP forecast

Market news

11 January 2013

GBP / USD: Pound updated intraday low $ 1.6087 against falling NIESR GDP forecast


After rallying to a maximum of $ 1.6169 on a report on U.S. trade balance (deficit reflected the growth of $ -42.06 billion to $ -48.73 billion in November from $ -41.30 billion projected) sales returned pair GBP / USD to $ 1.6100 in anticipation of the report on Britain's GDP. Weather for past 3 months, fell by 0.3% in December, according to the NIESR. Earlier, he described the increase of 0.1%. Pair dropped to a low of $ 1.6087 on the news.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.