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GBP/USD Forecast: bearish momentum to accelerate below 1.5160

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 12, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The British Pound retreats after advancing up to 1.5246 against the greenback, now below the 1.5200 figure, amid resurging dollar's demand in the European morning. The UK calendar will remain empty this Thursday, but through the American session, several FED officers will be hitting the wires, including Janet Yellen, and investors will likely rush to price in any tip on a possible rate hike next December. In the meantime, the 4 hours chart for the GBP/USD shows that the price

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