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GBP/USD Forecast: bearish ahead of the BOE

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 14, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBP/USD pair trades flat around 1.4400 as investors are waiting for the outcome of the Bank of England economic policy meeting. The BOE is largely expected to maintain its current stance unchanged, which means that market's attention will center then in the Minutes of meeting and in any change in the voting. For the most, no surprises are expected, and a mild dovish tone is already priced in, which means there are high chances of having a non event. Anyway, Pound's self weakness has

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