CBI Data Dissapointed Make Pound Fall

The movement of the pound rate gained since session Asia increasingly falls in early trade American session this night (18/12) despite positive sentiment came from the U.S. dollar and the CBI data Sales realized that increased significantly.

Even though the CBI reported the survey good enough against the wholesale and retail business Britain in December with data up to position rose to 19 percent from 7 percent in November. But the increase of this data is still below the expected level of 31 percent, so that the pair lost the power to rally.

From the sides of the movement of the U.S. dollar index this afternoon trade had opened strong in the early American session but the operation until the trade this night being monitored strengthening dollar falls back and give the shadow of the downturn continued on the movement of the dollar early last week.

The pound currency movement in the European session (13:15:35 GMT) move weak against the US dollar, after opened strong on 1.4903 in early trade (00.00 GMT), pair GBPUSD fell 9 pips mount or 0.01 percent and value of the scroll is on 1,4894.