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GBP/USD Forecast: Trading the UK GDP report

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 27, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The GBP/USD pair fell to a low of 1.5066 before trimming losses to end the day at 1.5101 levels. The liquidity was thin on account of the trading holiday in the US and en empty economic calendar. The focus today is on the second estimate of the UK Q3 GDP figure. The economic calendar in the US is once again empty and thus liquidity may drop in the US session. Focus on UK GDP The GDP figure comes two days after the UK Office for Budget Responsibility (OBR), in its autumn statement, revised its

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  2. abdul akla

    abdul akla New Member Trader

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    if you make long term select buy, target of 15300
     

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