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GBP/USD slides further to fresh 1-year lows

FXStreet (Córdoba) - GBP/USD dropped further and reached a fresh 1-year low at 1.5833 and it was trading near the lows, still holding bearsih moment. Greenback gained momentum across the board as stocks in Wall Street were rising and ahead of tomorrow’s employment report.

GBP/USD worst day since mid-October

Cable was headed toward the lowest daily close since September 2013 against Greenback, having the worst day in three weeks.

Earlier the pair fell to test yesterday's low located around the key support at 1.5860/70, and then bounced to the upside, but the recovery was short lived and resumed the downside, accelerating below 1.5865.

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Analysts at Rabobank explained that overall, we believe QE is, again, a step closer. But still unlikely before year-end.
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GBP/JPY suffers on US dollar flows

GBP/JPY is trading at 182.20, down -0.62% on the day, having posted a daily high at 184.34 and low at 181.87.
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