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GBP/USD slows pace to 1.5600

Thursday, February 19, 2015 9:07 AM UTC

Strong demand side fades as market loses momentum
Pair favors a 1.5600 test but slower on Thursday
1.5480 Wed high, 1.5600 100DMA and 1.5621 Dec 31 high
Support = 10DMA at 1.5333 and Tues low at 1.5317
CBI Feb trends-orders 1100GMT, 6 expected vs 4 previous

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GBP/USD slows pace to 1.5600

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