GBP/USD Forecast: recovering its charm, 1.5265 key

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 18, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The British Pound is posting a tepid advance in the European morning, following some comments from BOE's member Broadbent, who said that the Central Bank inflation forecast is not as relevant as economic behavior when it comes to determinate when to rise rates. The Pound plummeted a couple of weeks ago, when the Central Bank downgraded its growth and inflation forecast for the next 2 years, and investors decided to price in a no rate hike for the first half of 2016. Ahead of the release

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