Gbp/usd - 1.6340 ... The British pound dropped after rallying to 1.6401 in tandem with euro n in part due to profit-taking. No major data is out fm U.K. today n traders' focus will be on U.S. industrial data n consumer reports due at 13:15GMT n 13.55GMT respectively. Offers fm various accounts (including st specs n cross-selling interest in sterling) are placed at 1.6350-1.6370 n 1.6380/90, while bids fm Asian n European players are noted at 1.6310/20, 1.6300 n around 1.6260/70 with mixture of bids n stops emerging below 1.6250.
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