Wednesday, January 20, 2010

GBP/USD Today

The BOE minutes release, at 0930 GMT, should not reverse the GBP/USD bullish trend, which remains intact above 1.6240 support, says Trader. Topside the bank has targets of 1.6360 and key resistance at 1.6465, which capped Tuesday. GBP/USD now at 1.6260.

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