 Sterling is trading generally soft today, except versus Yen, as market focus turns to UK data. GDP, productions and trade balance will be featured. BoE just downgraded both growth and inflation forecasts last week, based on assumption on smooth Brexit. The Pound would be vulnerable to another round of selloff should data disappoint today. Meanwhile, Yen is trading broadly lower so far as Chinese markets come back from holiday with a rise. Canadian Dollar is also weak with WTI crude oil struggling below 52.5. On the other hand, Australian and New Zealand Dollar are broadly higher, digesting some of last week's losses. Technically, 1.2854 temporary low in GBP/USD will be a focus today, 0.8821 temporary top in EUR/GBP too. Break of these levels will resume the decline in Pound which started in late January. 140.56 in GBP/JPY will also be watched too and break will indicate near term bearish reversal. In Asia, Hong Kong HSI is up 0.29%. China Shanghai SSE is up 0.98%. Singapore Strait Times is down -0.44%. Japan is on holiday. | 
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