FXStreet – The demand for the Sterling is on Wednesday dampened, while the GBP/USD , after the UK data is still above 1.2800 listed.
GBP/USD offered to the data
The Cable remained after the mixed UK data-apathetic. The loans to individuals fell in April to 4.3 billion GBP (yoy) and consumer loans were 1.52 billion GBP over the forecast.
Mortgage approvals fell to 64,645 K and the M4 money supply rose on a monthly basis, by 1.2%.
The GBP remains under pressure as the projection of the PM May party compared to the Labour in the elections on may 8. June fell.
GBP/USD to test levels
Currently, the daily loss -0,47% at 1,2797 and the next supports is at 1,2772 (Deep 26. May), 1,2758 (Deep 21. April) and 1,2719 (55-day SMA). On the other hand, supports are located at 1,2853 (High 29. May), 1,2921 (20-day SMA) and 1,2949 (High-26. May).
** FXStreet News Editorial, FXStreet**