United States Redbook index (MoM) climbed from previous -0.5% to -0.3% in October 3

FXStreet.com (Barcelona)

Oct 7, 2014

United States Redbook index (YoY): 5.4% (October 3) vs 4.3%

GBP/USD finds support at 1.6040; back to 1.6100

The Sterling's decline from intra-day high at 1.6115 versus the US Dollar found support at 1.6040 where the pair experienced some buying interest that launched the GBP/USD to test back the 1.6100.