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GBPUSD finds a few buyers after posting 31 year lows

ByMike Paterson

Oct 4, 2016

The pound is still under pressure but there’s a few buyers around for the moment
Bids/Support at 1.2750 holding so far with lows of 1.2757 and now up around 1.2780.

Related posts:

  1. Boj’s Nakaso: have No Intention of Changing Boj’s Commitment to Hit 2 Pct Inflation in Roughly 2 Years, Which Is Core Aim
  2. Cibc World Markets: on An Annual Basis, Uk Retail Sales are up Significantly, We Would Still be Looking to Sell Into Euro/sterling
  3. Fresh wave of selling sends US dollar lower
  4. US MBA mortgage applications w-e 12 May -4.1% vs +2.4% prev

By Mike Paterson

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