Hungary Industrial Output (YoY) fell from previous 9.5% to 9.4% in December

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Feb 5, 2016

GBP/USD: Bulls losing grip, tests confluence of Fibo support

The offered tone around Sterling gathered traction in early Europe, pushing the GBP/USD spot lower to strong support zone of 1.4519-1.4516 (38.2% of 1.5230-1.4079 + 23.6% of 1.5930-1.4079).

Hungary Industrial Output (YoY) fell from previous 9.5% to 9.4% in December

GBP/USD: Bulls losing grip, tests confluence of Fibo support

Austria Wholesale Prices n.s.a (MoM) rose from previous -1.6% to -1% in January