The amount of mortgage loans in the UK increased from 55019 up to 58 728 in January, this exceeding the forecast (53 700). The mortgage lending volume increased by ₤1,6B. In December 2011 it was ₤1,0B. There was also a ₤0,1B increase in consumer lending. The M4 money supply grew by 1.6% in January.
FOREX.
According to the experts of the Department of Masterforex-V Trading System , GBPUSD has just finished forming sub-wave A(C )/C inside the long-term upswing – wave А(С)/С. The wave will be completed as soon as the price breaks below the MF sloping channel and pivot 1.5798. A break above 1.5991 will continue forming the current wave. The closes major levels of resistance are 1.6057, 1.6091.
