Meanwhile in the US, the 30-year mortgage rate is at a record low of 3.56% and the US 30-year securities auction is ahead at 17:00 GMT. The previous sale got yields at 2.72%.
“GBP/USD has seen a break back under the 1.5461 low, initiating a potential fall towards 1.5350 again”, wrote MIG Bank analyst Bijoy Kar. “However, we note strong weekly support coming in close to current regions. Thus any fall under the 1.5400 level would be expected to be short lived in nature”.