GBP/USD Forex Market Moving News by AceTrader

GBP/USD – 1.5648..We did remind readers in our 07:01GMT update y’day to buy cable on dips n take profit b4 release of BOE’s meeting (dovish) minutes. The pound retreated b4 the release n briefly dipped to 1.5735 (now res) afterwards b4 rebounding on cross-buying of sterling. However, cable nose-dived in tandem with euro suggests the fate of these 2 ugly sisters is the same, 1.5600, then re-test of 1.5535 (maybe tom). Offers are abundant fm 1.5680-1.5710 with some profit-taking bids abv 1.5600/10.