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Here are the details of this news: Positive stability of the pound against the US dollar during the US session
The pound sterling fluctuated slightly during the US session to bounce back on the third session in five sessions since its 5th session Last September against the US dollar, due to a lack of economic data by the UK economy on Wednesday and following developments and economic data that followed the US economy, the world's largest economy .
At 16:59 GMT, GBPUSD rose 0.03% to 1.3149 from 1.3145 after hitting its highest level since July 17th at 1.3178, while the lowest level in the the session at 1.3133.
We followed the US economy to release housing data, the index of new home sales falling 5.3% to about 631,000 homes against a rise of 3.9% for about 666,000 homes in May. Worse than expected, indicating a decline of 3.1% in approximately 668,000 households.
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Source: Forex News today
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