GBP/USD Market Moving News by AceTrader

Gbp/usd – 1.5412 … Despite early rebound to 1.5476 in tandem with euro, the British pound fell to 1.5405 in European session on active cross selling in sterling especially versus euro (eur/gbp rebounded fm 0.8750 to 0.8794). Offers are tipped at 1.5450, 1.5475/80 n further out at 1.5505/10. On the downside, bids by st spec. remain at 1.5400/05 with with mixtures of bids n stops are located at 1.5390/00.