Monday, December 2, 2019

GBPINR : Fundamental View : 02.12.2019

GBPINR : Fundamental View : 02.12.2019

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* GBP increased against USD by 0.64 percent last week while GBPINR depreciated by 0.54 percent.

* The formal launch of the Conservative Party’s election pledge centred on the key manifesto of PM Boris Johnson’s campaign: making Brexit happen. The UK released the November Nationwide
Housing Price Index, which was up by 0.5% MoM and by 0.8% YoY, beating the market’s expectations.

* GBPINR is expected to depreciate in today’s session.