5 Jan 2015
GBP/USD consolidates above 1.5200
FXStreet (Córdoba) - FXStreet (Córdoba) - GBP/USD has been able to hold above 1.5200 so far during the American session, consolidating losses.
GBP/USD headed toward lowest close since August 2013
After bottoming on Asian hours at 1.5176 cable rebounded and trimmed losses but found resistance at 1.5320 and moved back toward 1.5200. During the last hours it has remained steady, moving in a range between 1.5250 and 1.5200.
The pair is about to post the lowest daily close in 17 months, weakened by a strong US dollar, that rose across the board. Also the pound was among the worst performers on Monday.
GBP/USD headed toward lowest close since August 2013
After bottoming on Asian hours at 1.5176 cable rebounded and trimmed losses but found resistance at 1.5320 and moved back toward 1.5200. During the last hours it has remained steady, moving in a range between 1.5250 and 1.5200.
The pair is about to post the lowest daily close in 17 months, weakened by a strong US dollar, that rose across the board. Also the pound was among the worst performers on Monday.