GBP/USD holds above lows

Market news

20 December 2010

GBP/USD holds above lows

GBP/USD recovered to $1.5519 area now after a steep slide earlier found a base at $1.5475 area, the skid lower erasing bid interest ahead of $1.5500 before respecting reported bids at $1.5480/70. Flows not especially notable, a trader says.

Dow -12.38 at 11479.53, Nasdaq +8.15 at 2651.12, S&P +3.33 at 1247.24

Dow -12.53 at 11479.38, Nasdaq +9.12 at 2223.81, S&P +3.65 at 1247.56

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