Portugal: Consumer Price Index (YoY) (Feb): 0%; -0.1% (MoM)

Worries about the UK economy after industrial and manufacturing production data sent the GBP/USD down to 1.4832 low, but support around 1.4840 pulled the market for a respectable bounce, currently at 1.4870. Given that the pair dropped from 1.4915, it's not even 50% retracement yet.