29 Apr 2015
GBP/USD soars above 1.5400
FXStreet (Córdoba) - GBP/USD rose further and reached a fresh 2-month highs as the US dollar plummets across the board. during the last two hours the pair has risen a hundred pips and peaked at 1.5466. Currently trades at 1.5450/60, up 0.80% for the day.
USD hit by data, before FOMC
Price remains near the highs supported by a weak greenback ahead of the FOMC meeting and after disappointing US growth data.
Cable is rising for the seventh trading day in a row and continues to recover from multi-year lows. A week ago was below 1.5000, since then it climbed almost 500 pips and is headed to test February highs that lie around 1.5550.
USD hit by data, before FOMC
Price remains near the highs supported by a weak greenback ahead of the FOMC meeting and after disappointing US growth data.
Cable is rising for the seventh trading day in a row and continues to recover from multi-year lows. A week ago was below 1.5000, since then it climbed almost 500 pips and is headed to test February highs that lie around 1.5550.