Gbp/usd - 1.9930 ... The British pound has fallen after brief recovery to 1.9960/65 due to the weak U.S. new home sales data, however, renewed selling by European names n U.S. funds there limited cable's upside n offers are noted fm 1.9940 to 1.9960. On the downside, some bids by st spec. are reported at 1.9905 with stops seen below 1.9900 n 1.9880.
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