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Wednesday, 30 May 2012

DailyFX - Forex Market News: GBPUSD: Trading the U.K. Mortgage Approvals Report

DailyFX - Forex Market News
Forex Market News
GBPUSD: Trading the U.K. Mortgage Approvals Report
May 30th 2012, 04:00

Mortgage approvals in the U.K. are expected to increase for the third consecutive month in April, and the development may trigger a short-term reversal in the GBPUSD as the British Pound remains oversold.

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