The Great Britain pound went down today after the House Price Index of the Halifax Bank of Scotland dropped in December more than the analysts expected.
Halifax HPI fell 1.3 percent from November to December, following the 0.2 percent decline. The experts predicted the drop by 0.3 percent. The report said about signs of the potential stabilizing of the housing market, but “uncertainty about the economy, weak earnings growth and higher taxes could put some downward pressure on demand”.
GBP/USD traded near 1.5524 as of 11:39 GMT after it opened at 1.5535 and dropped to the intraday low of 1.5474.
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