Monday, June 29, 2009

GBP/USD rejects 1.6547 and falls below 1.6500

The Cable's rebounding from 1.6430 has been capped at 1.6547, intra-day high, and the pair has been rejected to levels below 1.6500, posting daily losses again. Currently the pair is trading around 1.6490/1.6500, 0.20% below today's opening price.


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