Forex: GBP/USD in session highs, around 1.6115

December 05, 2012 | Filed Under »
Forex pairs in this Article » GBP/USD
FXstreet.com (Barcelona) -The sterling is trading in the upper end of today's range, leaving behind the 1.6100 mark, ahead of the Autumn Forecast Statement.
The GBP has followed its European peer in these past sessions, benefiting from the general preference for riskier assets.

Apart from the aforementioned Autumn Forecast Statement, the Halifax House Prices index and Services PMI will also be published.

GBPUSD is up 0.06% at 1.6111 with the next hurdle waiting at 1.6133 (high Nov.2) followed by 1.6176 (high Nov.1) and 1.6178 (high Oct.17).
On the downside, a dip below 1.6050 (MA55d) would expose 1.6023 (MA10d) and 1.5988 (low Nov.30).
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