The Traderszone Network

Published in TZ Latest News 13 December, 2015 by The TZ Newswire Staff

Asian funds responsible for GBP falling from highs

Bloomberg citing Asian trading desk sources
– macro funds sold GBPUSD and also bought some EURGBP
– option related bids though from contracts  nearby at 1.5200
GBPUSD currently 1.5198 after holding around 1.5180 support lines. EURGBP 0.7208