Thursday, July 15th, 2010

Forex: GBP/USD fails to hold above 1.5200

Forex: GBP/USD fails to hold above 1.5200
FXstreet.com (Barcelona) – The Cable retreated from a new 10-week high at 1.5241 not seen since May 4. Ever since touching its daily peak, the British currency was dragged lower over 50 pips. Current price sets at 1.5090, a 0.10% rise from previous close.

Read more on The Forex Market