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GreedyTrader
Feb 7, 2015 9:39 PM

Cable could be bracing for another fall.  Short

British Pound/U.S. DollarFXCM

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The UK has its inflation report next week. I personally think Core inflation will come in lower. Headline inflation is forecastedto rise suggesting that demand for basic goods and services are not as strong as the BoE will have us believe. The Dollar continues to rise. NFP gave the USD a big boost on Friday and the FED remains on course to hike rates this year.
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