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Cable hits fresh lows after weak UK production data

Discussion in 'Market News' started by ForexLive, Jan 12, 2016.

  1. ForexLive

    ForexLive Forum Member

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    GBPUSD now down through 1.4500 and posting fresh 5 1/2 lows of 1.4483 The weaker industrial and mftg data was the trigger for accelerated falls but we're also seeing USD demand with EURUSD down around 1.0850 and USDJPY up to 117.70 and USDCHF back around 1.0000.

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