UK Housing Report grow up 2%, sold Sterling Pound!!!

2020年9月2日

In this analyssi, the UK Nationalwide Housing REport an increment of 2% of boughts of houses, that cause a housing inflation for consumer conficence. So, that specualte news obviously investors needs to buoy Euro.!!!



Fundamentals Keys:

1. Pound Sterling to Euro exchange rate near 2-month-best, but weakness remains in outlook
2. Investor sold pound to buy Euro while the volume of Forex commerce
3. Pound exchange rates pull back from highs amid UK Housing Report
4. The pound fell back from its highs agains many mayor currencies
5. Today's UK Housing prices report from nation wide showed an unexpectedly large rebound in housing prices to all time highs

So, this par is so volatil, but sensitive, this is one of my Forex pars favorite and the first early to analyze it. This par is the most popular about the relationship of United Kingdon and European Union, this par is move for both sense.

That is ok, this is my analysis, if you check out my updates of thsi par, I closed up this par and put in long position in the 0.8890, becuase I follow the news because investors buy Euro in this par, the objective is to find up 50 pips.