GBP/USD is lower for the fourth consecutive day and touched a one-month low of 1.6480. The pair hit some stops below 1.6500 early in US trading but has bounced back to 1.6505.
Offers are light until the Asian spike top at 1.6568. More at 1.6580/85 and 1.6600 but nothing large.
Light bids are at the lows of the day. More at 1.6470 but no size until 1.6455/50 and the 100-dma (key) at 1.6419.
