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GBP/USD Forecast: range persists, but bears lead

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 22, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The GBP/USD pair remains confined to a 30 pips range this Tuesday, still stuck around the 1.4900 level and overall bearish as the pair hasn't been able to recover ever since posting an eight month low of 1.4863 last week. UK Public sector net borrowing excluding public sector banks decreased by £6.6 billion to £66.9 billion in the current financial year-to-date and compared with the same period in 2014, but excluding public sector banks increased by £1.3 billion to £14.2 billion in November

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