Feb 7, 2013
Forex: GBP/USD holds above 1.5630 ahead a busy day
Cable has been holding pretty well above the reportedly 1.5630 option strike expiring yesterday in NY, last at 1.5661 near session highs, inside this 50 pip range the pair has been since late Tuesday NY session when it got sold off from weekly highs at 1.5805. The pair is down -0.25% so far for the week, ahead of a busy London session, including BoE meeting, around current 5-month lows price zone.
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