01, April 2013

GBP/USD (a 4-hour chart)

GBP/USD (a 4-hour chart)

The pair volatility grew on Thursday.

During the European trading session the pair fell sharply, but managed to fight back its positions and was trading around 1.5170. England did not give any particular stable data and USA market releases vice versa.

GfK consumer confidence did not become stronger than it was before. This figure came in -26, a step above the estimated 27. National indicator HPI remains flat - 0.0%, the estimated 0.2%. Index of services decreased by 0.2%, as predicted earlier.

On Friday, England markets closed for holidays.