Pound this morning, found support at the data on prices and activity. The index of prices in the shops from BRC showed price growth at 2.1% for the first time we saw the excess of 2% from April this year. In addition, the PMI data rose a second straight month to 53.2, and further undermined the trend to decline from February to August this year. Pound seems to be very sensitive to the publication of data this week, perhaps because the market is becoming clear that the economies of different countries are at a crossroads, and the British somewhere in between, without a specific scenario for the QE2, and no convincing arguments against tightening . In general, the pound is set for hectic ending of the year, and the pair EUR / GBP has already responded in that direction.
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