Unstable GBP/USD In Unclear European Situation

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On Thursday Pound/Dollar traded within almost 100 pip range. The Cable appreciated from 1.5792 to 1.5886 yesterday, in line with the positive Interbank sentiment at almost +53%, closing the day at 1.5814. Today the British Pound lost all Thursday’s gains, descending down to 1.5766. On the 1 hour chart quotes

Post Title: Unstable GBP/USD In Unclear European Situation
Author: admin
Posted: 10th February 2012
Filed As: Forex, Technical Analysis
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