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GBP/USD turned away after early look at 1.5000

Monday, April 6, 2015 5:31 PM UTC

Cable price has developed both technical and psychological importance
GBP/USD turned away after early look at 1.5000
Dollar bulls dig in heels; 1.1050 EUR/USD also successfully defended
US policy divergence narrows; may not be large enough to support USD position
However, substantial shift in rates; odds on Sep move fall to 56% from 80%

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GBP/USD turned away after early look at 1.5000

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