Pound Falls After UK Mortgage Approvals, Manufacturing PMI

The British Pound has fallen after some eventful news as of lately. Manufacturing PMI has been an influential factor that everyone needs to follow. The UK Mortgage approvals have changed the housing market to a significant extent. The British Pound seems to be responding to that trend in good time as well. People are nervous about the value of the British Pound on the market. That could signal another economic downturn for the United Kingdom.

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