GBP/USD holds higher

Market news

29 April 2011

GBP/USD holds higher

GBP/USD rises to $1.6710 area and slight shy of recent high around $1.6713. Cable remains shy of the Thursday and 2011 high at $1.6747 and faces offers in place at $1.6720/25 and $1.6750.

Dow +47.89 at 12811.30, Nasdaq -1.13 at 2871.40, S&P +2.41 at 1362.89

Dow +63.01 at 12826.41, Nasdaq +1.98 at 2874.51, S&P +3.14 at 1363.62

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