Dollar catches a slight bid on the day ahead of US trading
GBP/USD now moves back towards a test of the 200-hour MA (blue line) @ 1.3240 as its earlier gains prior to the release of the UK data appears to be almost completely erased. The greenback is finding bids across the board at the moment with USD/CAD also touching a high of 1.3143 on the day now.
Apart from that, the dollar is paring losses against the euro, swissie, and kiwi as well. The aussie has turned back negative against the dollar while USD/JPY is extending back to the upside currently at 112.45.
There isn't any particular headline that I can see of but this looks like a bit of position play as the dollar index now looks towards climbing back above the 200-hour MA (blue line) after testing support at the 61.8 retracement level @ 94.30 earlier:
