Pound continues to drift lower after post-data spike - ConsultFX

Pound continues to drift lower after post-data spike

Pound losing ground as the session unfolds 19 Jan Was that GBPUSD spike to 1.3945 from 1.3910 retail sales data-low the last hurrah for the pair with barrier option interest at 1.4000 lurking behind it? Too early to say but we've now fallen back through decent demand at 1.3900  Next line of support/bids into 1.3880 now Copyright 2015 Forexlive.com