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Pound Outlook Shaken By GDP
Written on 26 Jan, 2010 at 16:32 in Forex news | viewed 71 times | 0 Comments
Jan.26.2010 Britain’s initial GDP read for the fourth quarter is very weak, and the revised versions can easily erase it, says Yohay Elam at Forex Crunch. Catch Yohay, and TheLFB trade team on ForexTV Live. The Pound reacted with a fall against the dollar and the Euro. Here’s a review of this important event and a [...]... (Continue reading)
Stair-Step/Elevator Cable Rides
Written on 26 Oct, 2009 at 11:07 in Forex technicals | viewed 69 times | 0 Comments
Oct.23.2009 One of the strongest moving currencies this week had been the Great British Pound, in reaction to market noise that showed the possibility of quantative easing being addressed sooner than some had expected. The move that started on Monday, to move higher from 1.6280 started on Monday and stair-stepped higher throughout the week to [...]... (Continue reading)
