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Technical Analysis GBPUSD : 2015-12-10

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Anticipating Bank of England meeting On Thursday, December 10, the next Bank of England meeting will take place and the October trade balance will be released. The external trade data is expected to be quite weak but the pound has strengthened significantly. Investors hope the Old Lady will comment on possible monetary tightening. Markets assume the next interest rates hike – after the Fed – will take place in UK. With the pound continue its way up? Major banks are of mixed opinion. ING

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