The UK High Street banks, representing around two-thirds of British mortgages, reported a drop sharp drop to 35,300 mortgages against above 40,000 expected. The figure for January was revised down from 40,630 to 39,560. The figure, known also as the BBA Mortgage Approvals, leads the official government data. They also reported that consumer credit growth slowed the most meager level since October, with 3.8%. In addition, the headline is weakest in nearly six years: the worst since April 2013. GBP/USD responded with a drop below 1.3170. The British Pound has mostly moved to the tune of Brexit headlines, but the significant miss, even though it is coming from a second-tier figure. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD clings to gains near session tops, comfortable above 0.7100 handle FX Street 4 years The UK High Street banks, representing around two-thirds of British mortgages, reported a drop sharp drop to 35,300 mortgages against above 40,000 expected. The figure for January was revised down from 40,630 to 39,560. The figure, known also as the BBA Mortgage Approvals, leads the official government data. They also reported that consumer credit growth slowed the most meager level since October, with 3.8%. In addition, the headline is weakest in nearly six years: the worst since April 2013. GBP/USD responded with a drop below 1.3170. The British Pound has mostly moved to the tune of Brexit headlines, but… 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.
