TRY remained weak against GBP

April 17, 2014 by

TRY continued to bullish against GBP and USD after the negative comments on Morgan Stanley report, released yesterday.

 

gbptry h4 17.04.14

 

Worries of Economic growth in Turkey by IMF, Moody’s and Fetch ratings, and UK and Euro zone low inflation caused the TRY further weakened.