On the day that shares of General Motors fell to the lowest price since 1933 the Dow Jones is falling below 8400. Since the begging of the American Session the dollar is weaker against the yen. To European currencies has lost early gains and now is near the initial price of the American session.
GBP/USD is still rebounding from 1.5200 and has been rising in the last hours. Even though the pair is 110 pips below today high at 1.5352 which is also a 4-month high. Next resistance levels lies at 1.5265; 1.5310 and 1.5335. On the downside supports could be found at 1.5220 and 1.5195 (below session lows). Current price is 1.5255 or 0.88% above opening price.
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