British Pound (GBP)
The Pound weakened against the Dollar and the Euro after Britain's government announced a planned of 800 million GBP extra tax on banks. The GBP/USD's support is 1.6000 on the daily chart, if the pair breakdown this level the US Dollar will be more attractive. Overall, GBP/USD traded with a low of 1.6027 and with a high of 1.6162. Today, Trade Balance is expected at -8.60B vs. -8.70B.
GBP/USD - Last: 1.6067