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Monday, May 16, 2011

United Kingdom May average house price rise Sterling to benefit your Yang

Monday (16th) foreign exchange market in New York, United Kingdom property website Rightmove data showed today, United Kingdom May average Rightmove house price index rate increased by 0.7%, the former value increased by 0.1%. Pound this good, GBP/USD rose modestly.

United Kingdom property website Rightmove Monday (17th) according to the United Kingdom May average Rightmove house price index rate increased by 0.7%, the former value increased by 0.1%.

recommended reading euro Greece prospects douzeng variables euro downward risk or increased IMF variable array suspicion RMB exchange rate current underestimated insufficient 2% eurozone April inflation rate create 30 months high euro continued fell prospects difficult material IMF are power vacuum parties rivalry took over as who United States borrowing ceiling of race increasingly intense national day Xin months site revealing three quarter layout opportunity

Meanwhile , National Association of Home Builders (NAHB) published according to the United States May NAHB house price index is 16, is expected to be 17.

Monday New York time, GBP/USD rose steadily as the morning, refreshed daily high of 1.6253, midday high shock late gradually come down.

from a technical point of view, GBP/USD 30 minutes above the MACD zero axis dead fork, short to long-term averages are trend, resistance 1.6230,1.6281; support 1.6179,1.6167.

5:20 ', GBP/USD 1.6188/90.