Forex - GBP/USD down in Asian trade - FOREX NEWS

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Wednesday, October 5, 2011

Forex - GBP/USD down in Asian trade

Forex News - The British Pound was lower against the U.S. Dollar on Thursday.

GBP/USD was trading at 1.5417, down 0.29% at time of writing.

The pair was likely to find support at 1.5341, Tuesday’s low, and resistance at 1.5584, Monday’s high.

Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8648 and GBP/JPY falling 0.34% to hit 118.33.

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