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Pound Dips Below 1.30 as Markets Eye Further Rate Cuts

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The British pound has posted losses on Thursday and dipped below the symbolic 1.30 level. Early in the North American session, GBP/USD is trading at 1.2970, close to 4-week lows. On the release front, British RICS House Balance disappointed with a small gain of 5%. In the US, Unemployment Claims[​IMG]

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