GBP / USD
On Monday, the United Kingdom was in a holiday and most of the investors' attention was drawn to Italy and Spain. The pound practically fell out of their sight and closed the day by 15 points. On Thursday, the UK will be release the data on lending and forecasts are moderately optimistic, the net volume of new loans to individuals is expected at 5.2 billion pounds against 4.2 billion in March. But on the same day, the United States will publish good data on personal expenses and consumer incomes come according to forecasts. Hence, the pound remains under the pressure of European and American events.
The reduced prices of oil and gold help to strengthen the dollar. Today in the Asian session, WTI crude oil loses 1.66%, while gold is cheaper by 0.48%. We are waiting for the pound sterling in the range of 1.3225 / 45.
* The presented market analysis is informative and does not constitute a guide to the transaction.