FXstreet.com (Córdoba) - Greenback is rising sharply across the board. The Pound failed to hold to gains and tumbled against the Dollar. GPB/USD plunged from 1.6000 to 1.5902 reaching a fresh 2-monht low. The pair trades below the key support zone at that lie at 1.5915/20. Cable fell more than a hundred pips in less than an hour. To the downside, support levels lie at 1.5900/5895 and below at 1.5850.
Against the Euro, the Pound is also falling sharply and currently trades at the lowest level in two weeks. EUR/GBP is testing levels above 0.9030.