The Pound started to rise in the beginning of the day versus the dollar but weakened during the day and closed almost unchanged after the Bank of England said that they might stop buying bonds when it completes its current 175 billion-pound plan as the UK comes out of the recession. GBP/USD traded with a low of 1.6328 and with a high of 1.6466.

GBP/USD - Last: 1.6360

Resistance

1.6395

1.6450

1.6470

Support

1.63

1.6260

1.6215

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