The Pound dropped versus the Dollar after Manufacturing Production came out short with 0% versus 0.5% expected. NIESR GDP Estimate came out 0.2% versus -0.4% prior. Overall, GBP/USD traded with a low of 1.6255 and a high of 1.6476. Today, Trade Balance is expected with -6.9B versus -7.2B prior.

GBP/USD - Last: 1.6190

Resistance

1.6311

1.6515

1.6670

Support

1.6180

 

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