Friday 26 June 2009

Forex: GBP/USD rises to 1.6560 (Córdoba) – The Pound is rising so far today and during the American session has extended it gains. GBP/USD rose to 1.6560 hitting a fresh intra-day high. The pair has accumulated an increase of 50 pips since the opening bell at Wall Street. So far today the pair has risen 0.90%. Between 1.6590 and 1.6610 it has an important resistance zone.

GBP/USD is having the best day of the week in terms of gains. The pair has been able to erase almost all losses of the week and is only a few pips away of the price it had at the beginning of the week.

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