GBP/USD: Trading the Change in U.K. Mortgage Approvals

As bank lending in the U.K. is expected to weaken in June, the data is likely to reinforce a weakened outlook for future growth, which could spur a reversal in the British Pound as investors weigh the prospects for a sustainable recovery.

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As bank lending in the U.K. is expected to weaken in June, the data is likely to reinforce a weakened outlook for future growth, which could spur a reversal in the British Pound as investors weigh the prospects for a sustainable recovery.

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Translator
Markets
INDU 0.00    N/A
NASDAQ 2898.64    -7.02
S&P 500 1342.68    -2.22
^SSMI 6147.03    -6.28
^GDAXI 6764.83    -1.84
^FCHI 3405.27    -22.65
XAUUSD=X 1722.25    N/A
1970-01-01 00:00