GBP/USD Forecast: correcting higher, but still limited

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 19, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The GBP/USD pair advanced in the European morning, helped by improved market mood and positive UK data, showing an up-tick in inflation readings. According to the official release, the UK CPI rose by 0.2% in the year to December 2015, compared with a 0.1% rise in the year to November 2015, while house prices increased by 7.7% in the year to November 2015, up from 7.0% in the year to October 2015. A negative note come with the PPI, as the price of goods bought and sold by UK manufacturers, as

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