FX & CFD trading involves significant risk
GBP/USD challenges support around $1.5980, trading a bit higher. Bids remain around $1.5980/70. A break below to open a deeper move toward $1.5950 ahead of $1.5915/00. Resistance placed at $1.6000/05.
Market players continue to discuss FOMC results and Bernanke's press conference. Analysts at Goldman note the downgraded forecasts and says Bernanke stayed "within the zone of inaction" in his comments.
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