GBP/USD Lost Almost All Yesterday’s Gains

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On Tuesday Pound/Dollar resumed increasing with almost 100 pips. The Cable appreciated from 1.5699 to 1.5797 yesterday, in line with the positive Interbank sentiment at above +54%, closing the day at 1.5758. Today the British Pound is correcting downwards, with movements at the lower end of yesterday’s range for the

Post Title: GBP/USD Lost Almost All Yesterday’s Gains
Author: admin
Posted: 1st February 2012
Filed As: Forex, Technical Analysis
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