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Tag Archives: GBP/USD

GBP/USD trades below 1.4100

GBP/USD trades below 1.4100 The selling interest is picking up pace around the sterling, taking GBP/USD to fresh multi-year lows below 1.4100. GBP/USD under pressure on Brexit fears Mounting concerns on the possibility of a ‘Brexit’ scenario continue to hammer the British pound today, dragging spot to levels last seen in March 2009 and with ...

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Forex Daily Report

Forex Daily Report 8-22-2014 EUR/USD was up 0.19% at 1.3284, up from a session low of 1.3242 and off a high of 1.3289. The pair was likely to find support at 1.3242, the session low, and resistance at 1.3412, Friday’s high. Euro region’s services PMI slid to 53.5 from 54.2 ...

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GBP/USD at daily high

GBP/USD at daily high GBP/USD is trading at daily high after the BoE revised up the economic growth forecasts for the UK economy to 3.4% in 2014 from 2.8%. Regarding consumer prices, the central bank said they would gyrate around the bank’s target. The pair hit the low at 1.6425 ...

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