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Market Moving News: GBP/USD - Nov 19

19 Nov, 2008 @ 01:37 am ET | written by AceTrader


Gbp/usd - 1.4957...U.S. names were seen selling earlier n cable declined to 1.4900 b4 bouncing to 1.4985 on short covering, however, trading activity is expected to be thin ahead of the MPC vote outcome (09:30GMT). A mixture of bids n stops is noted below 1.4900 while fresh offers are reported at 1.4990/00 n 1.5040 (some orders are fm a U.K. clearer)...

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