The Pound was priced for perfection into the Tuesday high. While UK jobless figures bestedexpectations overnight, a rise in the UK unemployment rate caught the Pound a little over priced. However, thejobless count was the lowest since late 2008 and that should underpin the Pound above the 1.66 level.Unfortunately for the Pound bulls, slack US data later this morning might contribute to the corrective track, as thePound needs to see positive growth in its trading partners to continue to extend the breakneck run up in itsexchange rate. A logical correction point in the March Pound is seen down at 1.6638 and then at 1.66.
