India Industrial Output below expectations (5%) in August: Actual (4%)

Pound Sterling (GBP) is likely to trade in a range between 1.3375 and 1.3430. In the longer run, downward momentum is starting to slow, but only a breach of 1.3445 would indicate that the weakness in GBP has stabilised, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.