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FX.co ★ Nothing good in "Brexit" again

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Forex Analysis:::2018-06-08T06:18:16

Nothing good in "Brexit" again

GBP / USD

The British pound all throughout had a corrective growth since May 30, as it was examined by Brexit negotiators. And yesterday, there was a rumor about the possible resignation of UK representative David Davis, which influence the pound to sat on 80 points. The index of UK residential property prices from Halifax for May added 1.5% against the forecast of 1.1%. The dollar helped the British currency, as the index fell by 0.2% and the day closed by 10 points of growth.

Today, there are no important data from the United Kingdom and the United States. A calm background will help close the positions of market participants in the trouble for next week. It will begin with the indicators of industrial production and trade balance of Great Britain for April.

We are waiting for the decline of the British pound to 1.3330.

Nothing good in "Brexit" again

* The presented market analysis is informative and does not constitute a guide to the transaction.

Analyst InstaForex
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