British Pound (GBP)

The Pound fell against the Dollar after the GDP came out at -0.6%, worse than the expected 0.5%. Holding below the resistance level of 1.6180 keeps the momentum negative for the pair. Overall, GBP/USD traded with a low of 1.6030 and with a high of 1.6160. No economic data is expected today.

GBP/USD - Last: 1.6130

Resistance

1.6180

1.6260

Support

1.6100

1.6040

1.5980

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