LiteForex - Analytics


    820.00 7.50/10
    79% of positive reviews

    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. 


    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree