Despite a sizeable trade deal with India, and not too bad manufacturing and services data yesterday, the Pound has had a tough day.
Back on technical support versus the Euro, it will be a testing day today.
Against the Dollar things aren't as bad, but the Pound still lost ground overnight.
The retail sales numbers out at breakfast have only added to the negative side of the scales.
Scheduled news revolves around US durable goods orders later today, but with plenty of trade deal talk in the air, it's more likely to be in that area that creates moves.
Business news centres on the imminent potential trade deal between the US and the EU.
US: 13:30 Durable Goods Orders
As ever we look forward to keeping you in the loop and look out for our next update.
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