04-11-2011, 06:05 AM
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ItalkCash User
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Join Date: Jan 2011
Posts: 58
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"Britain GDP Data complied with Expectation"
GBP/USD rebounded rapidly from the low point in session of Europe forex market, and the newly released GDP data in the second quarter complied with the prediction, forming the support for the forex rate.
In the morning session of forex market, GBP/USD hit the new record high of 1.5779 pressured by EUR/USD decline. After the second quarter GDP data released, the forex rate rebounded to the new high to 1.5843.
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