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South African Rand News

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Pound low against dollar before bailout meeting

13 Mar at 9 AM

News Item Link: Pound low against dollar before bailout meeting

As eurozone finance minister met in Brussels yesterday to discuss another bailout for Greece, the pound remained low against the dollar. Before consolidating at 1.5612, GBP/USD hit 1.5608 ,there lowest since January 25. Cable was likely to find resistance at the high of December 23, 1.5707, and support at the low of January 4, 1.5578....