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GBP/USD Jumps as UK Retail Sales Sparkles

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The British pound has posted sharp gains on Thursday, as GBP/USD trades at 1.3140. On the release front, British Retail Sales jumped 1.4%, well above expectations. There was more positive news in the US, as the Philly Fed Manufacturing Index improved to 2.0 points, while Unemployment Claims dipped to 262[​IMG]

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