The Pound weakened versus the Dollar during the day but closed almost unchanged after U.K. retail sales unexpectedly dropped in September for a second month. Overall, GBP/USD traded with a low of 1.6486 and with a high of 1.6637. Today, Prelim GDP is expected to rise from -0.6% to 0.2%, BBA Mortgage Approvals are expected at 39.7K vs. 38.1K previously.

GBP/USD - Last: 1.6643

Resistance

1.6677

Support

1.6580

1.6509

1.6345

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