Gbp/usd - 1.5870 ... The British pound briefly dropped to 1.5805 on the weak U.S. jobs data and then rebounded strongly to 1.5948 on short-covering b4 running into offers there. Bids are noted at 1.5830 n 1.5810/15 with stops buliding up below 1.5800 n 1.5770. On the upside, offers are tipped at 1.5910/20 n 1.5940/45 with stops seen abv 1.5950. However, most of the investors closed the books ahead of G7 meeting over the weekend.
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