The Pound strengthened against the Dollar after the Confederation of British Industry's distributive trade's survey reported sales balance rose to +8 in October from +3 in September, better than economists' forecasts of a rise to +5. This is the fastest pace of growth since December 2007. Overall, GBP/USD traded with a low of 1.6285 and with a high of 1.6438. No economic data expected today.

GBP/USD - Last: 1.6358

Resistance

1.6438

1.6636

1.6693

Support

1.6286

1.6250

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