Saturday, February 11, 2012

GBP/USD Hits Fresh 3-Day Low

June 30, 2010 by · Leave a Comment 

The pound fell to a fresh 3-day low against the U.S. dollar on Wednesday, after official data showed that U.S. private sector employment fell more than expected in June.

GBP/USD hit 1.4965 during European afternoon trade, the pair’s lowest since June 25; the pair subsequently consolidated at 1.4970, shedding 0.62%.

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