Monday, November 29, 2010

Forex - GBP/USD down at the end of U.S. session

Forex Pros - The British Pound was lower against the U.S. Dollar on Friday.

GBP/USD was trading at 1.5594, down 1.05% at time of writing.

The pair was likely to find support at 1.5578, today's low, and resistance at 1.6084, Monday's high.

Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.17% to hit 0.8492 and GBP/JPY falling 0.43% to hit 131.18.

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