• GBP/USD holds higher

Market news

2 March 2011

GBP/USD holds higher

GBP/USD holds up with a break of $1.6350 to open a move toward $1.6370. Neat resistance is at $1.6400 (1.618% swing target of the recent pullback from $1.6330 to $1.6216). Rate currently trades around $1.6333, off recently posted highs at $1.6344.


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