© Dukascopy Bank
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Daily maximum: 1.5723
Daily minimum: 1.5595
The British pound went lower today versus the American dollar after the UK economy posted less-than-expected Manufacturing and Industrial product at -0.7% and -0.3% versus 0.1% and 0.0% respectively. Thus, the daily target at 1.5605 has been pierced.
Daily Resistance: 1.5654; 1.5709; 1.5756.
Daily Support: 1.5552; 1.5505; 1.5450.
Daily Bias: Neutral.