Jul 1, 2015
GBP/USD: Weakness persists, breaks below 1.57
GBP/USD saw a round trip on Tuesday, initially boosted towards 1.5770 after finding committed buyers off 1.57, but the London fix led to a sharp slide backk down towards those bids at 1.57, first hlding the price, however further selling just hit the GBP, and amid thin-liquidity in early Asia, the pair has hit a weekly low of 1.5683 now.
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