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GBP/USD Forecast: holding on to gains ahead of the BOE

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 17, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The British Pound benefited from the US Federal Reserve dovish stance, with the GBP/USD pair recovering up to the 1.4300 region, where its currently consolidating, ahead of the BOE's Super Thursday, in where the Central Bank will release its latest economic policy decisions. Carney is largely expected to maintain things on-hold, but in a world of easing bias, it won't be much of a shock if he surprises towards the downside. In the meantime, the pair has recovered above the 38.2%

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