Forex7 Posted November 28, 2012 Report Share Posted November 28, 2012 At today’s trading (28/11, 03.10 GMT) the Pound sterling currency falls against US Dollar. The Pound sterling opened at 1.6020 in early trading (00:00 GMT), and slipped -3 pips or about -0.02 % at 1.6017. The unfavorable expectation against Pound sterling is seems to be rising , before Nationwide Building Society reports a latest data of the change in the selling price of homes with mortgages backed by Nationwide, in November. Nationwide HPI m/m might decrease slows to 0.2% from previous period of 0.6% growth. The market pulls the currency to moves lower as an early response. Vibiz Consulting Analyst said normal range of GBP/USD is estimated to have the support level at 1.5993 and resistance level at 1.6052. Meanwhile the Paris-based thinktank, OECD, said it expected UK national output to shrink by - 0.1% this year, a less gloomy prediction than the -0.7% contraction back in August. Trading Competition with The Biggest Prize: http://sphotos-c.ak.fbcdn.net/hphotos-ak-ash3/553773_294685760636391_952743635_n.jpg Contact Us : (021) 299 22 996 / Heru : 08876108815 Facebook : Money Trade Show Twitter : @MoneyTradeShow Quote Link to comment Share on other sites More sharing options...
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