The Pound strengthened versus the Dollar after U.K. factory production jumped in February by twice as much as economists forecast to the highest level since 2008, came out at 1.3% vs. 0.7% forecast, moreover, interest rates remain unchanged at 0.5%. The GBP/USD doesn't have a clear trend in the last few days, the main support is located at 1.5130 if it breaks this levels the trend continues to be bearish. Overall, GBP/USD traded with a low of 1.5139 and with a high of 1.5280.Today, PPI Input is expected to be 1.3% vs. 0.1% prior.

 GBP/USD - Last: 1.5270

Resistance

1.5280

1.5320

Support

1.5182

1.5130

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