• GBP/USD still falling

Market news

17 December 2010

GBP/USD still falling

GBP/USD has just fallen through $1.5550 tripping stops to a low of $1.5514, with next levels of support seen at the Dec 2 low of $1.5512 and the Nov 30 low of $1,5485. Failure at these levels open the door to $1.5340/50. Cable trades $1.5515.

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