The Great Britain pound dropped today after the report showed the decline of the house prices, signaling about the lack of the buyers’ confidence and the lack of the mortgages.
The survey of Royal Institution of Chartered Surveyors showed that the surveyors reporting the prices decline exceeded by 36 percent those who reported about the increase of the prices in September. That’s compared with the previous reading of 32 percent reporting decrease.
GBP/USD fell from 1.5881 to 1.5818 as of 10:20 GMT today, while GBP/JPY went down from 130.31 to 129.79 after it climbed to 130.72.
If you have any questions, comments or opinions regarding the Great Britain Pound,
feel free to post them using the commentary form below.
Be First to Comment