FXstreet.com (Barcelona) - The sterling is following its European peer on Tuesday, grinding lower towards the 1.5735/40 region and printing session lows at the same time.
Services PMI would be the only release in the UK calendar today, expected to advance to 49.5 in January from 48.9 in the previous month.
At the moment, the pair is losing 0.20% at 1.5732 facing the immediate support at 1.5674 (low Jan.28) followed by 1.5636 (low Aug.16).
On the upside, a breakout of 1.5780 (MA10d) would bring 1.5879 (high Feb.1).
Services PMI would be the only release in the UK calendar today, expected to advance to 49.5 in January from 48.9 in the previous month.
At the moment, the pair is losing 0.20% at 1.5732 facing the immediate support at 1.5674 (low Jan.28) followed by 1.5636 (low Aug.16).
On the upside, a breakout of 1.5780 (MA10d) would bring 1.5879 (high Feb.1).
