British Pound (GBP)
The Pound rose against the Dollar after the PPI data was released on Friday, which came out much better than expected (3.4% vs. 1.6% forecast), and pushed a stronger Pound. The main resistance line of the GBP/USD on the daily chart is 1.5910, and if the pair breaks above this level, the pound could rise to 1.6000 or even more. Overall, GBP/USD traded with a low of 1.5809 and with a high of 1.5889. No economic data is expected today.
GBP/USD - Last: 1.5860