GBP/USD ignores weak UK data
FXBAZOOKA.com - GBP/USD dipped to $1.6300 in the European trade, but met buying interest and jumped higher. The upside remains limited by the $1.6400 mark as we write.
British pound did't pay much attention to the downbeat UK releases: public sector net borrowing came at 10.9B in August, while BBA mortgage approvals slipped to 41.6K.
Chart. H4 GBP/USD