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GBP/USD Forecast: ranging around 1.5150

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The GBP/USD pair trades slightly lower this Tuesday, hovering between gains and losses around 1.5150 ever since the day started. The release of UK inflation figures failed to support the Pound despite the figures resulted better-than-expected, with the CPI rising by 0.1% in the year to November. Monthly basis, inflation remained flat, against expectations of a 0.1% decline. The producer price index, however, continued to fall yearly basis, down by 1.5%. The technical picture is

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