© Dukascopy Bank
Daily maximum: 1.5725
Daily minimum: 1.5654
The British Pound declined today after touching the daily forecast mean (1.5710) as the US m/m personal income (0.5% act./0.4% est.) and monthly Core PCE Price Index rose (0.2% act./0.1% est.) continues its recovery as the annual inflation index was released in line with economists forecast (4.2% act./4.2% est.).
Daily Resistance: 1.5734; 1.5780; 1.5824.
Daily Support: 1.5644; 1.5600; 1.5554.
Daily Bias: Bullish.