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GBP/USD Shows Signs of Life

Discussion in 'Technical Analysis' started by Kaitlin, Aug 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The GBP/USD ended higher last week on the back of surprisingly stronger-than-expected UK economic data and as the dollar eased along with expectations about an imminent rate hike in the US. But the Cable did sell off heavily on Friday, which took some shine off the week's rally. Apparently, Friday's[​IMG]

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