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GBP/USD supported above $1.4700 level, focus on UK construction PMI

Tuesday, January 5, 2016 5:43 AM UTC

Cable is trading flat despite disappointing macro updates from the US on Monday.

Initial support is seen around $1.4703 levels, below that $1.4663 will be key level
On the top side Major resistance falls at $1.4726 and $1.4844 levels
Today UK Construction PMI data will eye, consensus 56.1, previous release 55.3

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GBP/USD supported above $1.4700 level, focus on UK construction PMI

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