FX & CFD trading involves significant risk
GBP/USD extended pullback lows to $1.5585, as rate reacted to the sell off in euro-dollar during the wait for Portugal bond auction results. Cable currently trades around $1.5588 after triggering support at $1.5590 and stops below. Currently support is at $1.5575/70. Resistance seen back at $1.5650 ahead of $1.5680/85.
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