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GBP/USD Forecast: back below 1.4200

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 26, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The British Pound slowly slips against the greenback, down to 1.4172 so far this Tuesday, and ahead of BOE's Governor, Mark Carney, testimony on the Financial Stability Report before the Treasury Select Committee, in London. His comments will likely affect the Pound on any wording regarding rates, inflation, or the ongoing economic situation of the UK. Technically, the 4 hours chart shows that the price is below a flat 20 SMA, while the technical indicators head strongly lower below their

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