GPB/USD fails to break above 1.6580, returns to 1.6555

Dollar weakness against European currencies eased in the last hour. Greenback was able to pullback from intra-day lows against CHF, EUR and GBP. GBP/USD was unable to break above 1.6580 after reaching that level and setting a fresh intra-day high. Currently the pair is at 1.6555/60 which is 0.34% above today’s opening price.

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