GBP/USD - 1.5721.. BOE's pause in its asset purchase program did not calm the market as traders sold cable y'day after intra-day brief bounce fm 1.5806 to 1.5886 after the announcement. The pound remains offered in Asia n hits an intra-day low of 1.5714. Stops by MT longs are rumoured to be below daily sup at 1.5708 n sterling bears are keen to check this out. Offers have been lowered to 1.5770-50 area.
Friday, May 24, 2013 As of 3:44 AM EDT
U.S. EDITION
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