GBP Trading Outlook
The Sterling (GBP) fell sharply from above 1.5500 to 1.5360 as widespread GBP selling was noted on many crosses. Overall the GBP/USD traded with a low of 1.5365 and a high of 1.5539 before closing the day at 1.5430 in the New York session. Looking ahead, Nationwide HP forecast -0.3% m/m.
The Sterling (GBP) gained against the Euro but was under pressure elsewhere with the major below 1.5400 and GBP/JPY moving to fresh year lows. Overall the GBP/USD traded with a low of 1.5343 and a high of 1.5514 before closing the day at 1.5360 in the New York session.
Go to The Sterling (GBP) Archive



