Tuesday, August 4, 2009

GBP/USD tests 1.6900 level and posts intra-day lows

After falling around 80 pips in the last hour, the Sterling has lost its position above 1.69 level against the Greenback, declining from 1.6970 to break 1.6910 support and post 1.6890 as fresh intra-day low.

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