GBP/USD - 1.6193.. Despite euro's tanking to 1.3930 in Asia, cable only moved 2 pips lower below NY low of 1.6135 as renewed buying of gbp vs eur sent the golden cross to 0.8629. Price later rebounded in tandem with euro to 1.6230 b4 falling back to 1.6172 on cross-unwinding. As mentioned in previous report, good '2-way' trading has been seen this week as there are many willing sellers on rally n the dips are contained by scale down buyers. Unless this week's high of 1.6269 is taken out, choppy sideways moves shud prevail but stops are built up below 1.6077 low.
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