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19 Jun 2013
GBP/USD easing to 1.5630 on Boe minutes
FXstreet.com (Edinburgh) - The renewed weakness around the sterling is now driving the GBP/USD to test session lows around 1.5630.
GBP/USD losing momentum
The minutes have shown once again the same voting pattern to keep interest rate intact at 0.5%, 9-0, and 6-3 in favour of leaving the asset purchase programme unchanged at £375 billion, with King, Fisher and Miles advocating for an increase to £400 billion.
GBP/USD key levels
At the moment the pair is down 0.07% at 1.5631 with the next support at 1.5619 (low Jun.19) ahead of 1.5565 (low Jun.18) and finally 1.5521 (low Jun.11). On the upside, a break above 1.5696 (MA200d) would open the door to 1.5723 (high Jun.18) and then 1.5753 (high Jun.17).
GBP/USD losing momentum
The minutes have shown once again the same voting pattern to keep interest rate intact at 0.5%, 9-0, and 6-3 in favour of leaving the asset purchase programme unchanged at £375 billion, with King, Fisher and Miles advocating for an increase to £400 billion.
GBP/USD key levels
At the moment the pair is down 0.07% at 1.5631 with the next support at 1.5619 (low Jun.19) ahead of 1.5565 (low Jun.18) and finally 1.5521 (low Jun.11). On the upside, a break above 1.5696 (MA200d) would open the door to 1.5723 (high Jun.18) and then 1.5753 (high Jun.17).