FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXstreet explained that sterling had one of its worse days of the year.



Key Quotes:



“Shedding near 150 pips against the dollar on UK fundamental data”.
“Employment figures missed expectations with wages down, while quarterly inflation report ended up with a dovish BOE’s governor Carney, concerned about the slack economy and diminishing chances of a sooner rate hike”



“The GBP/USD fell down to 1.6700 with the news, finally breaking below 1.6695 area”.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    A Fundamental Push for Key EURUSD, GBPUSD and USDJPY Levels?

  2. Forex News

    EURUSD and GBPUSD Will Decide Make-or-Break In Holiday Trading Conditions

  3. Forex News

    FX: CFTC Commitments of Traders Report - TDS

  4. Forex News

    GBP/USD bulls need to catch their breath

  5. Forex News

    GBP/USD lid turn tighter on Yellen and dollar strength

Trading Center