Germany Feb Industrial Production s.a. w.d.a. (YoY) improves to -1.8% vs -2.6% (Jan)

The GBP/USD has been confined to a relatively narrow spread today of 50 pips, having failed to break out in either direction. As the pair is trading sideways in positive territory, it has netted a modest advance of +0.06% in these moments, settling at 1.5315/17.