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GBP / USD closed more than 100 points lower than the previous, the lowest fell to 1.3021, further approaching 1.30 mark. Analysts pointed out that the main reason for the recent rise in sterling is the dollar is too weak. Once the dollar rebounded, the pound fear of fierce selling!
According to Reuters data, the pound fell 1.4 percent in the past two days, the biggest two-day decline since June 12.
The pound may be pushed lower to a $ 1.3 level, as the outlook for monetary policy in the UK and the US has changed slightly over the past few days
Before the US employment report was released, the pound fell sharply, continuing the Bank of England to keep interest rates down the record low and have lower growth and inflation estimates.
The Bank of England's dove decision, coupled with weak economic data, and the uncertainty of the European negotiations still exist, despite the increase in multi-position, the pound a new round of sell off might be triggered in the following week
According to Reuters data, the pound fell 1.4 percent in the past two days, the biggest two-day decline since June 12.
The pound may be pushed lower to a $ 1.3 level, as the outlook for monetary policy in the UK and the US has changed slightly over the past few days
Before the US employment report was released, the pound fell sharply, continuing the Bank of England to keep interest rates down the record low and have lower growth and inflation estimates.
The Bank of England's dove decision, coupled with weak economic data, and the uncertainty of the European negotiations still exist, despite the increase in multi-position, the pound a new round of sell off might be triggered in the following week