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

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Wednesday, October 12, 2011

Forex - GBP/USD up in Asian trade

Forex News - The British Pound was higher against the U.S. Dollar on Wednesday.

GBP/USD was trading at 1.5584, up 0.05% at time of writing.

The pair was likely to find support at 1.5424, Friday’s low, and resistance at 1.5689, Monday’s high.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.13% to hit 0.8745 and GBP/JPY rising 0.14% to hit 119.55

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