Market Moving News: GBP/USD - May 23

By @ibtimes on

Gbp/usd - 1.9803...Minor buying interest fm European names n st specs at 1.9781 has lifted cable but some traders are reluctant to enter positions ahead of the U.K. GDP data due out at 08:30GMT. A mixture of offers n stops is noted in the region of 1.9840/50 with more stops likely to emerge further out abv the 1.9900 lvl. On the downside, bids (incl. sell orders in eur/gbp) are lined up at 1.9760/70...

Join the Discussion