Mon, 24 Sep 2012 14:50:20 GMT
Cable lower versus the greenback on debt crisis concerns
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.