Market Research: GBP

Source: Dukascopy Bank SA
The GBP Index was hovering above the baseline for the whole December 3-9 time period on rather positive fundamental data, and at the end of the period posted its greatest weekly growth among all currencies. The index dominated its counterparts throughout the vast part of the period, and with a final 0.68% advance over the base value became the period's top performer, leaving the second-best CHF gauge behind with a 0.64% rise. However, the pound managed to advance more than 1% only against two currencies, the Australian dollar (+2.17%) and the Kiwi (+1.74%).

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