Aug 12, 2015
GBP/USD rejected at 1.5600, tests 1.5550 on UK data
The British pound failed to sustain at higher levels and slipped back in the red versus the US dollar in the European morning, with GBP/USD facing rejection at 1.56 handle. The cable edged lower as the pound was left unimpressed by the lacklustre UK employment report which revealed that jobless rate remained unchanged while wage growth disappointed in June.
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