FX.co ★ Trading plan for GBP / USD pair as of May 29, 2013

Considering the situation with the pound, it is necessary to understand that today it will depend only on American data on housing prices, since in the UK itself there is no data, and European statistics are not so significant as to influence the pound. So, it is expected that the S & P / Case-Shiller data will show a slowdown in house prices from 6.8% to 6.5%. Although the factor is not so significant, it will obviously have a deterrent effect on inflation, so the pound clearly has a potential for growth today.

The currency pair pound dollar once again hung near the range of 1.3300, feeling under the support. It is likely to assume motion in a small range of 1.3300 / 1.3350, analyzing the fixation beyond the boundaries. Although the factor is not so significant, it will obviously have a deterrent effect on inflation, so the pound clearly has a potential for growth today.