Sunday, April 21, 2013

UK Downgraded by Fitch – GBP/USD Extends Losses

According to Bloomberg, the Fitch ratings agency has dowgraded the UK to AA+, with the outlook stable. Fitch cites weaker economic and fiscal outlook in the UK. GBP under pressure falling to the 1.5220-30 level. Next support level shows at
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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