British Pound (GBP)

The Pound rose against the Dollar due to speculation that the BOE will be hiking rates sooner-than-expected and before the Federal Reserve. The GBP/USD's main resistance at 1.6250 didn't break. As long as the pair is trading below 1.6250, it may once again test its support at 1.6180. Overall, GBP/USD traded with a low of 1.6101 and with a high of 1.6273. Today, CBI Realized Sales are expected to weaken from 37 to 30 .

GBP/USD - Last: 1.6210

Resistance

1.6250

1.6270

Support

1.6180

1.6150

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