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GBP/USD Rebounds Ahead Of Bank Of England Rate Decision

Discussion in 'Technical Analysis' started by Kaitlin, Feb 2, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    GBP/USD rallied from near its recent lows on Monday as the US dollar fell on concerns that last week's Bank of Japan cut to negative interest rates may translate into a significantly more dovish Federal Reserve. Sterling also rose broadly against other major counterparts on Monday, including the euro and[​IMG]

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