1.5270/75 marks resistance intraday while 1.5200/05 marks support. A decent PMI number could well bring out the sellers IF there is really a bias to hit the pound.
GBP/USD M15 chart 06 01 2015
Above 1.5270, 1.5320 is the next decent resistance point and below the low yesterday at 1.5170 is also a point to watch.
It’s the last big data point of Q4 2014 for the UK so will have growth watchers looking on intently.
The market is expecting a small change to 58.5 from 58.6 in Nov
