The British pound has fallen hard this week, for in the 1.20 area. This is an area that has been important more than once, so it will be interesting to see how it holds up.
The British pound has been falling all day on Friday, for in the 1.20 support level. This is an area that I think will continue to be crucial, so it’s most certainly worth waiting and seeing if we can close down below here on a daily candlestick.
UK mortgage lending jumped to the highest level in eight months in May, while borrowing also increased as the cost of living squeeze continues to dent household budgets.