Tue, 19 Jun 2012 10:33:58 GMT
Cable steady ahead of inflation data in the U.K.
On Tuesday, the British Pound held
steady against the Greenback, since traders were focused on upcoming
inflation data in the U.K. Cable peaked at 1.5696, and later
consolidated at 1.5671, gaining 0.03% during the European morning
trading hours. The pair's near-term support could be at 1.5636, while
resistance was likely to be found at 1.5741.