The Pound has lost more than 200 pips during the European session as failure to break above 1.6480 has driven the pair to 1.6260 low so far.Immediate support level lies at 1.6240 (Jun 10 and 15 low) and, in case of further weakening, 1.6210 (Jun 16 low) and 1.6100. On the upside, resistance levels lie at 1.6300, and above there, 1.6350 and 1.6425.
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GBP/USD: Pound dips to 1.6260 low
Wednesday, June 17, 2009Posted by "H" Forex Maker at 5:28 AM
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