29.05.2008 15:39

GBP/USD rebounds again

GBP/USD rallies back from pullback lows around $1.9730, moves up to retest post CBI data highs at $1.9780, but seen meeting resistance from reported offers placed on approach to this level. A break above $1.9780 to open a move on toward $1.9800, with stronger resistance noted between $1.9820/30. Bids remain in place back at $1.9730/20.






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