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GBP/USD Forecast: 1.3500 at sight

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 29, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The British Pound remains under pressure, having extended its decline by a few pips against the greenback, to a fresh multi-year low of 1.3840 before bouncing some. The pair plummeted last week on fears of a Brexit, as the referendum on whether to remain or not within the EU has been set for June 23rd. In the meantime, data coming from the UK resulted generally positive, with Mortgage Approvals up to 74.6K, and Net Lending to Individuals also up during January, to £5.3B in January from

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