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GBP/USD: Cable Could Snap Back to Reality

Discussion in 'Technical Analysis' started by Kaitlin, Aug 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The recent improvement in UK data has seen many investors and analysts, ourselves included, ask a rhetorical question with a hint of sarcasm "Brexit, what Brexit?" Traders have apparently reduced their net short positions from record high levels as they realised the fallout in the immediate aftermath of Brexit was[​IMG]

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