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Forex News / British Pound Remains Well Supported By 50-Day SMA, Euro Ends Five-Day Losing Streak

11.08.2009

British Pound Remains Well Supported By 50-Day SMA, Euro Ends Five-Day Losing Streak

Forex News /

The British beat slumped against the U.S. dollar representing the fourth daytime but establish back up at the of the 50-Day moving intend (1.6429) to grasp up above 1.6440 during the European trade, and the GBP/USD may carry on to visage headwinds during the week as investors weigh the outlook representing days policy.



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