The Pound is still trading in a tight daily range and closed almost unchanged against the Dollar. The BBA Mortgage Approvals came out 35.7K worse than 38.3K expected. Trading above the 1.4330 zone keeps the momentum slightly bullish for the pair. Overall, GBP/USD traded with a low of 1.4328 and with a high of 1.4446. Today, CBI Distributive Trades Survey is expected at 14 vs. 13 previously.

GBP/USD - Last: 1.4410

Resistance

1.4440

1.4520

Support

1.4340

1.4270

GBPUSD