GBP/USD with a sudden drop to two-week lows after a set of disappointing UK data
October 9, 2013 9:31 am
British pound tumbled to its lowest point in two weeks against the US dollar on Wednesday, following the release of disappointing data on trade balance and manufacturing production out of the United Kingdom. GBP/USD fell to a session low at 1.5967 at 8:51 GMT, after which consolidation followed at 1.5978, losing 0.66% for the day. […] Read more