The movement of the pound strengthened since trade Asian
session managed to rebound from two days of successive trade weakening,successfully
defended against the u.s. dollar by the end of the European session this
evening (23/12). Although data United Kingdom third-quarter
current account still deficit
United Kingdom Office for national
statistics (ONS) announces afternoon last current
account data for the third quarter that the deficit but still
natural below expectations of a decrease in the deficit from the
previous quarter. The data was released showing the deficit period Q3 is
still the same with deficits periods of Q2. This
sentimenthelped strengthening the pair GBPUSD.
The movement of US dollar index trading this
afternoon trying to rally despite the observed negative sentiment that reflects the
rate of mixednya economic datatonight. Tonight there
are economic data that affects the very strong will exchange
rate data is durable goods orders and new
home sales data.
The movement of the exchange rate of the
pound in the European session (11:15:35 GMT) moving stronger against the US
dollar, after opening stronger in early trading at 1.4829 (00.00 GMT), pair
GBPUSD rose 52 pips or 0.5% and the value of the scrolling is at 1.4882.
And for the next trade, Yess
News estimated the pair GBPUSD
could further rise to resistant 1.4949 level and
if not transparent, then the pair levelcan drop to as low as 1.4787.
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