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MrRein
Jun 16, 2014 7:19 PM

Downside on GBP due to expectation for FOMC Statement and UK CPI Short

British Pound/U.S. DollarFXCM

Description

With the expectation that the FOMC will continue to taper and with combination to the downside expectation on the UK CPI and UK Retail Sales, we are more likely to see a downward move for the GBP/USD this week.

Disclaimer: This is my personal analysis and opinion. It must not be taken as a trading advice.
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