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    GBP/USD: general overview on 27.03.2015

    GBP/USD traded in a quite wide range yesterday. In the morning, the pound rose against a backdrop of upbeat statistics for UK retail sales, and the pair reached its highest value at 1.4994. Retail sales had grown by 5.7% year-on-year while analysts had expected an increase of as little as 4,7%. But this news was not enough for GBP/USD’s consolidating above. Besides, positive macroeconomic statistics from the USA, where the number of initial jobless claims amounted to a lower-than-expected value of 282 thousand, put additional pressure on the pound. 

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