Tuesday, June 30, 2009

GBP/USD climbs 1.00% today to reach 1.6745 as 8-month high

GBP/USD has risen 100 pips in the last hour from 1.6640 to climb and post 1.6745 as fresh 8-month high. Cable has extended its recovery 1.6235 June 25 low and the pair has advanced around 500 pips in the last 3 trading days.

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