The Sterling (GBP) managed two attempts higher but failed at 1.6180 resistance and pulled back to opening levels. March Construction PMI was only slightly less at 56.5 vs. 56.4 previously. Overall the GBP/USD traded with a low of 1.6105 and a high of 1.6180 before closing the day at 1.6130 in the New York session. Looking ahead, March PMI Services forecast at 52.6 vs. 52.6 previously.
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