Obviously we will see GAP in GBP related pairs.
Mark Carney says UK housing market in widespread recovery
Bank of England governor Mark Carney says the UK housing market is generally recovering. Mr Carney told the BBC's Andrew Marr programme that, looking at the UK as a whole, "we are now seeing house prices begin to recover, so it is a more generalised phenomenon". He said the only area where prices had not picked up was Northern Ireland. He also said there was little the bank could do to cool the London market, where prices were rising far faster. Cash Prices in London are rising by about 10% a year, but Mr Carney said a change in interest rate policy - not on the cards in any case until the recovery is well ... (full story)