The Pound fell versus the Dollar after declines in equity markets and the U.S GDP report which showed stronger growth than expected. Overall, GBP/USD traded with a low of 1.5974 and a high of 1.6179. GBP/USD has broken below its consolidation and is heading toward the 1.59 support level. Today, Manufacturing PMI is expected unchanged with 54.1.
GBP/USD - Last: 1.5970