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Technical Analysis GBPUSD : 2015-11-03

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Awaiting important economic indicators In Great Britain strong macroeconomic indicators were released. As a result, the GBPUSD exchange rate hit a 10-week high. Will its growth continue? The October PMI by Markit reached its 16-month high exceeding forecasts and amounting to 55.5. Now several investors assume the GDP growth in the 4th quarter can reach 1% increasing twofold since the 3rd quarter where the quarterly growth was 0.5%. This makes the British pound stronger. The upcoming week will

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