Data on loans in Great Britain were slightly stronger than expected in December; The data showed a stronger demand for mortgage loans and loans secured for apartments, notes the main strategist FX Scotiabank.

Great Britain Data on loans in December slightly harder than f/c

“The data also showed a strong leap of foreign net demand for British fate at the end of the year, suggesting that foreign investors look at the last fears regarding the sustainable development of government fiscal plans in connection with the increase in global profitability of bonds.”

“GBP tested the area of ​​1.24 yesterday, but the immersion attracted a positive response on the charts, creating a stubborn signal” hammer “on the daily candles. Profits at night stopped around 1.2460 – initial resistance – however. The cable may be necessary to test The Conted The 1.2390/00 Zone or 1.2460 before a stronger sense of direction appears. “