Forex Trading : GBP / USD drops to 1.49

Forex Trading :Weakness pair GBP / USD to be trading near 1.49 levels, as the decline in the cost of living which official data showed consumer price index published today in the United Kingdom continue to weigh on sterling.Pair GBP / USD: losses crowned as revenues rebound GiltSo far the pair is still a master of stability above 1.49 levels despite the decline in the temporary inflation figures in the United Kingdom in addition to the core inflation figures, and that return mainly to the recovery of the proceeds of the bonds gilt bearish session levels. Revenues rebounded 10 years of bearish level at 1.479% to 1.503%. At the same time revenues 10 years has weakened in the United States to 1.9065 from bullish level at 1.479%. Thus the pair has managed to restrict losses near 1.49 levels.