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GBP/USD Forecast: waiting for the BOE near 1.5200

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 10, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The British Pound holds to its latest gains, consolidating a handful of pips below the 1.5200 level against the greenback ahead of the Bank of England economic policy decision. Just released, the UK Trade balance showed that the deficit on trade in goods and services was estimated to have been £4.1 billion in October 2015, a widening of £3.1 billion from September 2015, but hardly affected the GBP/USD pair. The Central Bank is largely expected to maintain its rates and the APP unchanged, which

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