• GBP/USD drags lower

Market news

12 May 2011

GBP/USD drags lower

GBP/USD drags lower below earlier low/support at $1.6250. Rate extends corrective pullback to $1.6235 as stops triggered in the move. Next support noted into $1.6230, a break to expose tech support at $1.6220/15 ahead of $1.6200.

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