Pound’s Demise Probably Forces BoE to Tighten Harder

[PocketOption]

Pound's Demise Probably Forces BoE to Tighten Harder

A package of retail sales statistics in Britain appears to have removed the last layer of support for the Pound, sending it into a dive. GBPUSD earlier today renewed its lows since 1985, dropping to 1.1350. Fresh data showed a 1.6% m/m and 5.4% y/y drop in sales, which was noticeably weaker than the expected […]

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