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GBP/USD Forecast March 1, 2012, Technical Analysis

posted by Avatar FXEmpire 881 days ago in USD, GBP, Technical made popular 881 days ago

GBP/USD rose during the session to the 1.60 level as an official from the Bank of England suggested that further quantitative easing may not be necessary. This of course was positive for the Pound, and this pair reacted accordingly. However, the “risk off” trade came back later in the day as Ben Bernanke failed to mention anything about quantitativ
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