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GBP/USD - UK business investment fall blows GBP bulls

Surprisingly negative UK Q4 business investment is negative GBP bulls Down 1.4% vs +1.9% forecast Sharpest fall in nearly 6 years Cable scaled 8week peak of 1.5554 in Asia, subsequent low = 1.5517

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EconoTimes — Reading the Times. Understanding the Future.

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  • Surprisingly negative UK Q4 business investment is negative GBP bulls

  • Down 1.4% vs +1.9% forecast

  • Sharpest fall in nearly 6 years

  • Cable scaled 8week peak of 1.5554 in Asia, subsequent low = 1.5517 

 

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