Jonathan Cook
on November 27th, 2023 The pound rose to near three-month highs against the US dollar while also advancing around a cent on the euro last week.
There isn’t that much in the way of UK data for us to dive into this week, but Wednesday will provide an insight into housing. The market is mixed on whether mortgage approvals will rise or fall, but Wednesday’s release will be of interest after several banks resumed offering products with interest rates below 5%.
GBP/USD: the past year
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