Currency of the United Kingdom in the forex trading on Wednesday continued to decline in quotations pack to 3-month low. On all British and presses Brekzitu uncertainty and low demand for riskier assets. Sources in the British government reported that Theresa May is going for the fourth time to put his version of the agreement with the EU to the vote in Parliament.
This step shows that the government failed to negotiate with the opposition, although officially the termination of the negotiations was not announced. Released on Wednesday by the US data were worse than predicted values. The volume of retail sales decreased by 0.2% in April, while excluding cars rose by 0.1%, with projected growth of 0.2% and 0.7%, respectively. Industrial production fell by 0.5% at 0% forecast in April.
Technical outlook Pound Dollar (GBP / USD) as of today 16/05/2019 : The pair GBP / USD Torguts at 1.2850, consolidation quotes the Briton below 1.2850 will open the way sellers pair Pound Dollar to around 1.2800. If buyers can pound back a pair GBP / USD towards 1.2900, possible increase in GBP / USD to 1.2960.
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