The Pound rose versus the Dollar reaching its highest level since September as Risk Appetite encouraged investors to higher yielding assets. RICS House Price Balance came out better than expected at 34% vs. 29%, BRC Retail Sales Monitor came out at 3.8% vs. 2.8% prior. All in all, GBP/USD traded with a low of 1.6590 and a high of 1.6843. Today, Trade Balance is expected to show a decline of -6.1B vs. -6.2B previously.

GBP/USD - Last: 1.6756

Resistance

1.6788

1.6843

Support

1.6734

1.6704

1.6615

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