FXstreet.com (CÃ³rdoba) - Cable fell again today and lost all it won yesterday. Against the dollar suffer at the beginning of the American session and went under 1.4400. Then recovered almost 100 pips but wasn't enough to avoid a fell for the day in GBP/USD of 1.35%. The up trend in four-hour chart has been broken and possibly the pair will remain under pressure the next session.
Against the yen the pound also fell achieving a new month low at 140.60. GBP/JPY has now correct more than a thousand pips since the highest of April at 151.50. EUR/JPY rose 1.77% rebounding near 0.9000. The pound couldn't break a key support level at 0.8780 a few days ago and started to lose strength suffering today the highest daily fall for the month.
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