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Forex: GBP/USD breaks below 1.6140 after FOMC minutes

By FXstreet.com,  January 03, 2013, 02:13:00 PM EDT

FXstreet.com (San Francisco) - The GBP/USD has broken down the 1.6140 support following the release of the minutes of the December 12 FOMC meeting. The GBP/USD has fallen around 40 pips in the latest few minutes to trade close to 1.6110.

Currently the GBP/USD is trading at 1.6115, 0.85% below opening price action.

According to the minutes, several FOMC members thought would be appropriate to slow or stop asset buys well before 2013 end.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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