British currency pared some losses after five consecutive days of fall

  • Jan 14, 2020 GMT
  • Team Kalkine
  • After five consecutive days of fall, the British Pound pared some losses in the January 14, 2020 trading session and increased 0.11% to 1.3001 against the US Dollar. Also, it traded above its 5-day, 10-day, and 20-day SMA support levels, however, it traded below its 50-day, 100-day and 200-day SMAs.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

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