After the IMF has affirmed that the United Kingdom will grow more than previously announced for the next year, the pound has managed to pare early losses versus the euro and the dollar.
International Monetary Fund report
Yesterday and today the pound has found support on International Monetary Fund report having a renewed forecast for 2010 GDP growth in the U.K., which was in the past at almost zero and now it is expected to be around 1 percent, as there has been a slight improvement in the real estate market and also there has been a growth in the retail prices.
