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Pound remains under pressure

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Pound remains under pressure Sterling Euro bounced aggressively from the 1.2600 lows Yesterday's release of the February UK service sector purchasing manager's index cause a bit of a flap as the sentiment index fell to the lowest it has been since 2012. Sterling slipped and that took the shine off a relatively positive week for the Pound. Although the direction of travel for Sterling won't be to everyone's taste, it is nice to report something causing the Pound to move which

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