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janjacob
Aug 20, 2014 10:06 AM
GBP/USD M Short
Short
FX:GBPUSD
1M
British Pound/U.S. Dollar
FXCM
Description
⋅
Aug 20, 2014 10:06 AM
The ECB want's the Euro to decline to 1.20 (or less) to stay competitive and the British have no choice to walk the same path, hence the correlation of two currencies declining at the same speed and time but in slow motion.
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