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01:53 GBP/USD: Holding Rather Well Despite Credit Concerns, Endeavor Tokyo, March 21. GBP/USD is holding up rather well today despite on-going concerns over the credit situation in the UK, up rather well today despite on-going concerns over the credit situation in the UK, perhaps exacerbated by news overnight that the BoE was looking to provide more liquidity to the UK money market following talks between the clearing banks and BoE Gov King. Reports of major losses on JGB trading positions by the Endeavor fund also looks to have been discounted. GBP/USD is currently indicated at 1.9840/44, having traded between 1.9830-65 this morning in Asia and towards the top of yesterday"s overnight range. Technical resistance above is seen at 1.9879, GBP/USD"s Ichimoku kijun line, and then ahead of 1.9900. Support below is seen towards 1.9800.