The Sterling weakened against the Dollar after the Retail Sales data came out 0.4% worse than expected 0.7%. If the pair will hold below 1.5380 levels the positive momentum will be lost. Overall, GBP/USD traded with a low of 1.5320 and with a high of 1.54. Today, the GDP is expected unchanged at 0.4%.

GBP/USD - Last: 1.5340

Resistance

1.5400

1.5430

1.5460

Support

1.5330

1.5280

1.5220

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