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The British pound rose during the US session to see its second consecutive session retreat since July 24 against the US dollar following the developments and economic data that followed Monday the British economy and its economy, the largest economy in the world.
At 15:39 GMT, GBPUSD rose 0.31% to 1.3145 from opening levels at 1.3096 after hitting the highest level at 1.3152, while the most low level at 1.3084.
We followed the royal British economy by reading the net retail lending index, which soared to £ 5.4 billion from May's figures and expectations of 5.3 Billion pounds, in conjunction with the mortgage lending index reading rose to 66,000 in line with expectations against 65K, and the M4 Money Supply index shows a decline of 0, 3% against a rise of 0.4%, contrary to expectations of accelerated growth to 0.6%.
We followed earlier in the day the confirmation of the Governor of the Bank of England, Mark Carney, that protectionist policies cause job losses and threaten the growth and economic stability of the United Kingdom. United. Nine months from now, it is reported that recent statistics in the United Kingdom reflect the wish of nearly half of the British voters to hold another referendum on the exit agreement and vote in favor of the agreement is going out without agreement.
In another context, we also followed the British Foreign Secretary, Jeremy Hunt, at a press conference after a meeting with his Chinese counterpart. During which trade relations between the two countries were discussed after the departure of Britain from the Union, it should be noted that the transition period for the departure of Britain begins in March 2019 and expands until December 2020.
We followed the US economy to disclose housing market data with the publication of the existing home sales index increased 0.9% vs. 0.5% in May, exceeding expectations by 0.4%, while the same index was down to 4.0% from 2.8% l & # 39, previous year. 19659012]
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