The Pound weakened on weak U.S data and stock declines. Public Sector Net Borrowing came out 14.8B versus 15.2B expected and 16.1B prior. Overall, GBP/USD traded with a low of 1.6328 and a high of 1.6487. Today, MPC will release its Meeting Minutes expected to show a unanimous vote, but could give more information concerning future Interest Rate decisions and QE policies.
GBP/USD - Last: 1.64