Thursday, May 13, 2010

GBP/USD ...Today

GBP/USD breaches key 1.4860 support and slips quickly to 1.4840. Trader chartists say a sustained break of this level calls the end of GBP/USD's recovery from its post-election lows of 1.4450, and opens risk back towards this area. The spot now trades at 1.4847.

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