Gbp/usd - 1.9940 ... The British pound traded narrowly with a soft undertone on speculation that Bank of England is likely to cut interest rate later and weighed by UK housing concerns (UK House prices fell for an 8 successive month in June). Bids by st players are now noted at 1.9910 with stops seen below 1.9880 n more at 1.9850 (sizeable). On the upside, profit-taking offers are reported fm 1.9980 to 2.0000 with stops are located abv 2.0010.
Join the Discussion