The pound strengthen against the dollar and rose breaking above 1.5100. So far today GBP/USD has risen 0.55% and is near 4 month high reached last week at 1.5159.
The pair moved in an upside trend most of the American session recovering early losses and rising more than 130 pips. Current price is 1.5140. If the pair ends the day around these levels it will be the highest daily closed since January 7th.
Friday, August 14, 2009
Forex: Pound rallies to 1.5140
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