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Market Moving News: GBP/USD - Jul 4

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04 July 2008 @ 12:55 am EST
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Gbp/usd - 1.9838...Cable found some buying interest at 1.9815 in Asia mainly due to liquidation of long eur/gbp positions but concerns over more profit warnings fm U.K. companies have prevented traders fm chasing intra-day rise too aggressively. Offers are reported in the region of 1.9850-1.9865 n also further out at 1.9900. On the downside, bids remain at 1.9800 n 1.9770/80...

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