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GBP/USD Forecast: further gains seen beyond 1.4530

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 10, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The GBP/USD pair trades slightly higher this Wednesday, now retreating from a daily high of 1.4510, as UK data showed that Britain industrial output had its worse quarter in almost three years by the end of 2015. According to December figures, manufacturing production fell monthly basis by 0.2%, and 1.7% compared to a year before. Industrial production dropped by 1.1% compared to November, and fell by 0.4% on a year-on-year basis. The dollar however, seems unable to catch a bid,

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