Wed, 20 Jun 2012 12:00:00 GMT
Cable held steady ahead of BoE comments
On Wednesday, the British Pound held
steady versus the U.S. Dollar, as traders eyed upcoming comments from
the Bank of England. GBP/USD hit the bottom at 1.5774, and
consolidated at 1.5729, gaining 0.02% in the European early trading
hours. The pair's support was likely to be found at 1.5614, while
near-term resistance could be at 1.5756.