On Tuesday Pound/Dollar decreased significantly with almost 130 pips. The Cable depreciated from 1.6115 to 1.5988 yesterday, in converse with the positive money flow sentiment at almost +12%, closing the day at 1.5991. Today the British Pound dipped further, reaching down to 1.5933.
GBP/USD Losing Further Ground, Next Target 1.59
May 16, 2012 by Leave a Comment