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GBP/USD Forecast: fresh lows ahead of NFP release

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 6, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The British Pound can´t shake off the negative tone set by a dovish BOE last Thursday, and extended its decline against the greenback down to 1.5163, ahead of the release of several UK macroeconomic figures, which came out mixed. September Industrial Production fell by 0.2% against expectations of a 0.1% decline, whilst Manufacturing Production declined 0.6% against the expected -0.9%- The UK trade deficit in the same month, reduced further, to £-1.353 billion. The news however, failed to move

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