3 Sep 2013
GBP/USD pares gains as risk mounts
FXstreet.com (Lisbon) - The GBP/USD foreign exchange rate continued easing off its highs Tuesday, retreating back to the threshold with negative territory during European trading.
GBP/USD technical levels
At this juncture, the GBP/USD has now moved lower towards 1.5548, en route to a loss of -0.01% off its opening. Technically speaking, the GBP/USD remains fortified by support at 1.5506, and 1.5466, calculates the Mataf.net analyst Research Team.
Recently, the Russian defense ministry released a statement that its missile early warning system detected a launch of two rockets from the Mediterranean Sea towards it's eastern coast. Several hours later Israel announced it had carried out a missile test together with the US.
GBP/USD technical levels
At this juncture, the GBP/USD has now moved lower towards 1.5548, en route to a loss of -0.01% off its opening. Technically speaking, the GBP/USD remains fortified by support at 1.5506, and 1.5466, calculates the Mataf.net analyst Research Team.
Recently, the Russian defense ministry released a statement that its missile early warning system detected a launch of two rockets from the Mediterranean Sea towards it's eastern coast. Several hours later Israel announced it had carried out a missile test together with the US.