Tuesday, June 30, 2009

GBP/USD moving sideways; up 0.15% so far today

Cable is moving with no clear direction. GBP/USD failed to break above intra-day high at 1.6575. Currently the pair is at 1.6525 which is 0.15% above today opening price but at the same levels it had at the beginning of the American session. On the downside the pair has support at 1.6500 (intra-day low) and 1.6470.

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