British pound falls to lowest in a week with the dollar's recovery

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Sterling levels declined during today's trading against the dollar, its lowest level in a week after the rally seen the dollar against major currencies in today's trading.

Pair is trading the British pound against the dollar is currently at the level of 1.3112 after recording the highest at 1.3274 while today's session was opened at the level of 1.3267, its lowest level at 1.3090.

The decline in the Australian pound levels in today's trading comes in light of the continued negative pressure on the royal currency since the result of the referendum the exit of Britain from the European Union which push the pound to fall dramatically.

Today the dollar rose against major currencies, its highest level in four months, which increased the power of selling on the pound in light of the inverse relationship between them, and in light of investors' search for the best investments in light of the uncertainty in the European region now.

Trading the dollar index, which tracks the dollar's performance against a basket of major currencies, is currently at the level of 97.07, after the record lows at 96.53 and was opened today's trading at the level of 96.58, its highest level in four months at 97.15. This rise comes amid economic data from the United States improved, which increases the positive outlook on the US economy.