British CBI Realized Sales scored 18 points. This is lower than last month’s 21 points, but significantly higher than 11 that were expected. GBP/USD moves up very slowly. GBP/USD now trades at 1.6150, up from 1.6140 prior to the publication. Earlier today, the deficit of the government came out higher than expected. Public Sector Net Borrowing showed a deficit of 7.7 billion pounds, more than half of last month’s number, but significantly higher than expected. GBP/USD shrugged this off, but later weakened on a very dovish comment from BOE member Fisher, that stated that raising the rates now would be the wrong thing to do. GBP/USD was trading at 1.6140 before the release. Significant support is at 1.6110, and resistance at the 1.6280 – 1.63 region. For more on the pound, see the GBP/USD forecast. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next EUR/USD May 24 – Fails to Hold on to Gains Yohay Elam 12 years British CBI Realized Sales scored 18 points. This is lower than last month's 21 points, but significantly higher than 11 that were expected. GBP/USD moves up very slowly. GBP/USD now trades at 1.6150, up from 1.6140 prior to the publication. Earlier today, the deficit of the government came out higher than expected. Public Sector Net Borrowing showed a deficit of 7.7 billion pounds, more than half of last month's number, but significantly higher than expected. GBP/USD shrugged this off, but later weakened on a very dovish comment from BOE member Fisher, that stated that raising the rates now would be… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
