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GBP/USD Daily Fundamental Analysis for August 9, 2011

posted by Avatar FXEmpire 1078 days ago in USD, GBP, Fundamental made popular 1078 days ago

On Monday, the pair fell sharply as the jittery situation in the market, after S&P cut toU.S.sovereign rating by one step to AA+, losing its top rating for the first time since 1941, sparked demand on low-yielding currencies.

On Tuesday, as of 08:30 GMT, theU.K.will release important data; manufacturing production for June is predicted to retreat
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