GBP Mid-day Analysis

The Pound remains in an upward track on its charts and it would also appear as if the Pound isgenerally in favor off hopes that US data later this morning will serve to improve macro-economic sentiment. Uptrendchannel support in the June Pound is seen today at 1.6635 and that up-trend channel support rises to1.6672 at the end of this week. Closer-in support is seen at 1.6746.