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FX.co ★ The fundamental analysis of the pair GBP/USD.

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Forex Analysis:::2009-07-23T13:14:51

The fundamental analysis of the pair GBP/USD.

The report about retail sales in Great Britain, known for its volatility, strengthen the support of the British pound. The pound grew when the reading of the retail sales showed that sales in Great Britain in June unexpectedly increased by 1,2%, compared to the previous month, consensus — growth by 0,3%. The pair pound/U.S. dollar rose for 40 points and reached the intraday maximum level of 1,6541.

The fundamental analysis of the pair GBP/USD.

Best regards,

Analyst: Vladimir Donin

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