The pair has lost most of the gains achieved during previous days. Due to the forecast of Industrial countries, U.K will keep the interest rate low for extended period till a recovery could be seen. Overall, GBP/USD traded with a low of 1.6460 and with a high of 1.6674. No economic data expected today.

GBP/USD - Last: 1.6505

Resistance

1.6540

1.6575

1.6620

Support

1.6460

1.6425

1.6355

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