The Sterling (GBP) had another volatile day although it was in a relatively tight range for the Pound. Strength at the start of European session was reversed as news of a major sale of Barclay shares from Qatar did the rounds. September Public Sector Net Borrowing forecast at 15.3bn came in at 14.81bn slightly better.
"Overall the GBP/USD traded with a low of 1.6329 and a high of 1.6489 before closing the day at 1.6360 in the New York session,"October BoE Minutes forecast at 9-0.
GBP/USD (Oct 21 at 05:22 GMT)
H 1.6438 L 1.6344
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.6333 | 1.6374 | 1.6416 | 1.6430 | 1.6472 | 1.6513 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Oct 21 at 04:45 (15-minute timeframe) |
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