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Pound Slides Despite Rare Budget Surplus

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The British pound has posted sharp losses on Friday, reversing directions after strong gains on Thursday. Early in the North American session, GBP/USD is trading at 1.3060. On the release front, it's a quiet end to the week, with just one UK release. Public Sector Net Borrowing posted a surplus[​IMG]

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