GBP Mid-day Analysis

Fear of increased tensions off promises of aggressive action against domestic terrorism, reports of abomb scare in Parliament, and global slowing fears espoused from the UK Prime Minister over the weekendshould leave the Pound mired in a downward track on its charts. In fact, the prospect of positive US scheduleddata later this morning, should increase the odds of a fresh downside breakout in the December Pound to thelowest level since 2013 in the coming sessions.