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Technical analysis: GBP/USD breaks the wedge, what's next

Discussion in 'Technical Analysis' started by ForexLive, Feb 17, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Cable technical analysis The pound tumbled today after core inflation rose just 1.2% y/y compared to 1.3% expected. The overall CPI fell 0.8% m/m in a sign that the Bank of England won't be fighting price pressures any time soon.

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