Data to start the week showed UK's Nationwide house price index climbed by 4.1% month over month, with the typical asking price for a home climbed to £233,252. That was the best reading in nearly 10 years. The report said that the surprisingly strong spring price pump was triggered by rising seller confidence due to a lack of homes for sales in more affluent areas.
By Nick Nasad | Feb 21, 2012 | FX Times
The British pound was exceptionally strong Wednesday – that is against the euro, Swiss franc and Japanese yen.
By John Kicklighter, Currency Strategist | Jan 07, 2011 | DailyFX
While the menace of economic pain and stimulus expansion loom; there is a bullish argument to be made in rate expectations for the pound.
By John Kicklighter | Dec 15, 2010 | DailyFX
There was considerable potential in the Bank of England’s policy decision; but the likelihood of a meaningful change was low.
By John Kicklighter | Dec 11, 2010 | DailyFX
If the pair consolidates above 1.56 levels, it might help confirm an intermediate short-term upward trend, and in that case, next important target for GBP/USD will be 1.5838 (R2), a medium term support-turned resistance for the pair.
By Boby Michael | Dec 07, 2010 | IBTimes
Confederation of British Industry (CBI), the largest business lobby in UK, lowered its growth forecasts for 2011 to 2% instead of the 2.5% previously estimated in June, while it raised growth projections for the current year slightly to 1.6% from 1.The group mentioned that planned sharps spending.
Sep 22, 2010 | ecPulse.com