Great Britain Pound Attempts to Recover After Starting Session Weak

Jun 17,2019 11:16   Source:Earnforex
The Great Britain pound is currently attempting to recover after starting trading very weak. The sterling was soft due to the downgrade of economic forecasts and persisting concerns about probability of a “hard” Brexit. The British Chamber of Commerce revised its forecast for Britain’s economic growth. The BCC upgraded the forecast for 2019 a little from 1.2% to 1.3%. But the forecasts for 2020 and 2021 got significant downgrades, from 1.3% to 1.0% and from 1.4% to 1.2% […]

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