GBP/USD corrects from highs, back below 1.6200 - FXstreet - TopicsExpress

GBP/USD corrects from highs, back below 1.6200 - FXstreet (Córdoba) - The rally of the GBP/USD lost momentum heading into the American session as the greenback recovers ground across the board.The Cable gathered strength during the European session and printed a 2-week peak of 1.6225 but faltered ahead of early October 9-month highs and pulled back below 1.6200 most recently. BoE Dale saying its very unlikely BOE will raise rates in 2014, helped to temper Sterlin... ow.ly/2APZIy

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