Cable lower versus the greenback on debt crisis concerns

Note: This section contains information in English only.
Source: Forexpros

On Monday, the British Pound was traded lower versus the U.S. Dollar, amid renewed concerns over Spanish debt crisis. GBP/USD hit a lowest since Thursday, which was 1.6189, and consolidated at 1.6195, which was a decrease of 0.19% for the European morning trading session. The pair's support was likely to be at 1.6142, while the resistance was prone to be at the level of 1.6249.

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