The Pound is under a liquidation watch as suspicion toward the pace of global recovery and in therecovery pace of the US, is calling into question the gains forged in the Pound over the last 3 months. With UKofficials acknowledging economic vulnerability to slowing in the US economy, weak data in the US might be causefor a fresh downside breakout in the March Pound. Critical support is seen at quasi even numbers of 1.6250, withanother critical pivot point seen down at the 100 day moving average of 1.6213.
