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    GBP/USD: analysis and forecast on 27.02.2015

    GBP/USD dropped to a level of 1.5392 yesterday. The British currency has been firmly growing lately, approaching 2-month lows.   The data on quarterly and annual GDP fully coincided with the forecasts of 2,7% and 0,5%, respectively.  However, that did not help the pound hold above as the statistics for commercial investment turned out to be downbeat: the volume fell by 1.4% from one quarter to the next, although they expected a 2.3% growth. The indicator rose by 2.1% year-on-year which is much less than the year-ago value of 6,3%. 

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