GBP Mid-day Analysis

While the Pound is also in a corrective track to start the new trading week, hope of positive economicnews later this week from the UK should provide the Pound with some cushion soon. Up-trend channel supportand a potential fresh long entry point is seen today down at 1.66 but that up-trend support line rises to 1.6628 bythis coming Thursday. A closer in support level is seen at 1.6675.