21.10.2008 18:13

GBP/USD tries to rebound


Recovery extended to $1.7030, with offers noted in place between $1.7030/35. Further offers seen placed at $1.7050 ahead of $1.7070/75. Rate currently trades around $1.7010. Bids now seen between $1.7005/95, a break below to open a deeper move toward $1.6980 ahead of earlier lows around $1.6962.






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