British Pound (GBP)

The pound fell against the greenback, though The Bank of England will leave its benchmark interest rate unchanged at a record low in the coming week as policy makers hold off tackling inflation on concerns about the strength of the recovery. Holding below the 1.6280 resistance level might push the pair lower to 1.62 areas. Overall, GBP/USD traded with a low of 1.6240 and with a high of 1.6300. No economic data is expected today

GBP/USD - Last: 1.6247

Resistance

1.6280

1.6300

Support

1.6220

1.6190

1.6150

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