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The GBP/USD pair returned below a major Fibonacci level

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD FED's officers underpinned the greenback, as Williams and Lockhart, in different speeches and separated events, opened doors for a rate hike in the US Central Bank upcoming April meeting. After the US Federal Reserve offered a dovish surprise last week, investors were pricing in quite a limited possibility for a June rate hike, with most expecting no action until September. The greenback's bearish case developed after the latest FOMC announcement, with the currency plummeting to

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