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30 Dec 2014
GBP/USD hits fresh daily highs
FXStreet (Córdoba) - GBP/USD advanced further after falling momentary below 1.5500 earlier and printed a fresh daily high at 1.5561. The pair remain near daily highs as the US dollar loses momentum across the board.
Despite rising more than 60 pips from the lows the pair holds below yesterday’s highs that lie at 1.5585 and currently trades at the same price it had at the beginning of the week.
GBP/USD range prevails
Since last Tuesday the pair has been moving sideways, rejected from below 1.5500 but with the upside limited by the 1.5570 area. The pair closed during the last four trading days between 1.5510 and 1.5550.
Despite rising more than 60 pips from the lows the pair holds below yesterday’s highs that lie at 1.5585 and currently trades at the same price it had at the beginning of the week.
GBP/USD range prevails
Since last Tuesday the pair has been moving sideways, rejected from below 1.5500 but with the upside limited by the 1.5570 area. The pair closed during the last four trading days between 1.5510 and 1.5550.