Market Overview

GBP/USD Falls Ahead of Data

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GBP/USD is trading at 1.3182, down 0.0152.

The pair's losses have accelerated, trading choppy and brisk as overseas trader begin to wind down trading for the day.

Market chatter about U.K. economic due out Wednesday is making the rounds. The U.K. Office for National Statistics is scheduled to release U.K. unemployment data Wednesday at 4:30 a.m. ET.

Some talk about buyers near 1.3100 and sellers near 1.3227 is showing up.

Posted-In: british pound GBP/USDFutures Forex Markets

 

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