Forex Trading : GBP / USD taken it a step further downward on Friday and broke the lowest 1.4800 psychological level, paving the way for a new bearish levels for several years, where sterling continued poor performance in all areas.
Weak construction data added to the selling pressure on sterling, which was already on the defensive after Carney's remarks cautious on Thursday. Governor of the Bank of England said that the strong pound, particularly against the euro, the British may affect prices for some time, and that was understandable, as the Bank of England is not in a hurry to raise interest rates.