The pound reached a one month high against the dollar after the CPI came out 3.4% worse than expected 3.5% what showed that the inflation declined and it pushed the sterling to advance. Trading above 1.4740 levels keeps the positive momentum for the pair. Overall, GBP/USD traded with a low of 1.4680 and with a high of 1.4835. Today, the Claimant Count Change is expected at -25.3K vs. -27.1K previously.

GBP/USD - Last: 1.4797

Resistance

1.4880

 
 

Support

1.4740

1.4680

1.4600

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