Today the eyes of the investors will be set for the interest rate decision of the The bank of England is expected to leave the rate at 0.5%.
There is a support level at 1.5930 if it breaks it the GBP momentum is down.
Overall, GBP/USD traded with a low of 1.5938 and with a high of 1.6064.Today, Halifax HPI is expected at 0.6% vs. 1.4% prior and Asset Purchase Facility is expected to remain at 2008
GBP/USD - Last: 1.6025
Resistance 1.6064 1.6154 1.6240
Support 1.5938 1.5833
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