Good News For UK Still Have No Impact

The movement of the pound rate is lower in early trade Asian session is not able to escape from the pressure of the US dollar in the middle of the European session today (17/12) by sentiment rising fed rate despite positive sentiment came from the British retail sector sales data November.

Uk retail Omset recovering at speeds faster than expected in November. The Office for National Statistics UK (OUNCE) report retail sales rose 1.7 percent in November from the contraction -0,5 percent in October.

From the sides of the movement of the U.S. dollar index this afternoon trading stronger rallies 3 consecutive days by sentiment rising fed rate and also 2 economic data released positive this night such as the Philly Fed data and Unemployment jump.

The pound currency movement in the European session (10:30:35 GMT) move weak against the US dollar, after opening weak on 1.5001 in early trade (00.00 GMT), pair GBPUSD down 59 pips mount or 0.5 percent and value of the scroll is on 1,4942.

And for the next trade, analyst Vibiz Research Center estimates pair GBPUSD can information down to level support 1.4984 and if not hit a, then pair can rise again to level 1.5140.