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GBP/USD Strong Marubozu Candle On Daily Chart

Discussion in 'Technical Analysis' started by Kaitlin, Aug 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The GBP/USD is waiting for BOE decision today regarding further reports and monetary policy. The pair is showing a strong marubozu candle on daily chart which indicates that most traders are exiting their short prior to BOE Official bank rate announcement. Whether they will cut the rate, it is yet[​IMG]

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