Market Moving News: GBP/USD - Jan 2

  @ibtimes on

GBP/USD - 1.5878.. Cable remained under pressure after y'day's selloff to 1.5867 n price briefly fell to 1.5857 in Europe b4 bouncing on short-covering. Offers (cross-related) are now building up fm 1.5890 up to 1.5920 with more selling interest noted at 1.5950, while on the downside, bids fm real demand is reported at 1.5840 down to 1.5800 lvl.

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