Forex Market News

GBPINR trading range for the day is 82.3-83.86

GBP recovered some of its losses after data showing that activity in the UK service sector accelerated to a four-month high in April. Brexit minister David Davis said that Britain would not pay 100 billion euros to leave EU, after the report that the bloc was preparing to demand that amount. A better-than-expected construction PMI showing growth in Britain’s construction industry touching a four-month high in April failed to have an impact.
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