Pound Remains Bullish on Mortgage Approvals
The pound found support to trade near a
After the Bank of England published a report showing the highest climb in mortgage approvals for November this year, the pound gained versus several currencies and specially versus a less attractive euro, as the British financial authority affirmed that in 2010 the situation is likely to improve further.
EUR/GBP declined to 0.8885 as of 20:07 GMT from 0.9035 on Monday.
If you want to comment on the Great Britain pound’s recent action or have any questions regarding this currency, please, feel free to reply below.
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