Market Moving News: GBP/USD - Feb 2

 @ibtimes on February 02 2010 1:25 AM

GBP/USD - 1.5955.. Cable dipped briefly fm 1.5975 to 1.5920 when a eur/gbp order sent the cross pair higher to 0.8741/42, however, buying interest emerged in tandem with intra-day rebound in euro. Offers are touted at 1.5980-00 with some stops abv there whilst bids remain at 1.5920-00 region.

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