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Coming up at the bottom of the hour: UK March manufacturing and industrial production

UK March manufacturing and industrial production data released at 08.30 GMT

The data highlight of the session for GBP traders. The sector doesn't feature heavily in the UK GDP make-up but we'll still get the customary knee-jerk if data is wide of the mark and it's a useful barometer too.

Similar data from the Eurozone yesterday saw misses for Italy, France and Germany and I can't see the UK release springing any pleasant surprises.

Cable has immediate support at 1.4420 and more at 1.4400 and offers between 1.4460-80

EURGBP immediate resistance at 0.7900 then 0.7930 with demand/support still at 0.7865.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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