Gbp/usd - 1.4595 ... Despite early selloff to 1.4475 due to active cross selling in stg on political uncertainty, the British pound staged a brief but strg rebound to 1.4662 on short-covering after news that UK Lib. Dem's Clegg won the most votes, however, renewed selling interest quickly emerged there n pressured price again. Offers are now tipped at 1.4615/20, 1.4650/60 n further out at 1.4690/00. Bids by st spec. only reported at 1.4500 with stops seen below 1.4480.
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