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Market Moving News: GBP/USD - Jul 6

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06 July 2008 @ 11:11 am EST
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Gbp/usd - 1.9823 ... The British pound extended intra-day decline in New York morning on the back of the selloff in euro after ECB's Trichet comment of no bias, however, bids are still noted at 1.9800-10 with stops placed below there n further out at 1.9750. On the upside, offers are lined up fm 1.9850 up to 1.9880 n also at 1.9900-10 with stops building up abv there...

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