GBP/USD: November Industrial Data Aids US Unit

November US Industrial Production data has come to the rescue of the US Dollar as the +0.2% monthly headline (Vs the pvs Unch) sends cable heading lower once more. Trading has hit 1.9630 in the pullback as trading works back into the previous intraday range as the USD elicits a modicum more support. A run back at the highs is expected by London players while US dealers eye a return to the 1.9557 lows and a run at the sub-1.9550 stops.