FXstreet.com (Córdoba) - Cable is holding above 1.6300 on Friday, consolidating gains to the Dollar. GBP/USD rebounded at 1.6270 and jumped to 1.6370. Currently it trades at 1.6338/41, 0.48% above today's opening price. The pair is rising for the forth consecutive day and is heading toward the first weekly gain since early September.
During the Asian session the Pound rose to 1.6398 posting the highest price in almost three weeks. Cable is recovering further after falling on Tuesday to 1.5710, 4-month low.