The bull camp has to come away from the last 24 hours discouraged as UK data has remained strongenough to support the currency but yet prices have sagged back from this week’s peak. While UK data waspositive overnight, the trade managed to pull out a negative detail from the data and that has temporarilyundermined the Pound versus the Dollar. Buying support in the September Pound is seen down at 1.7080 asthere just isn’t a lot of competition from other currencies right now.
