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Harsh penalties loom for ...

Royal Bank of Scotland was rescued in 2008 with a 45 billion-pound (NZD$88 billion) injection of state capital that has prove

posted by GoldTatoo 3 hours ago read more >>
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EUR/GBP Testing Triangle ...

Consolidation: EUR/GBP has been in consolidation since April. The daily chart shows a market that has been in a triangle. To

posted by FXTimes 11 hours ago read more >>
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GBP/USD Pound Falls as U ...

The BOE has already voiced concern that its inflation target of 2% is too low, and today's figures will only reinforce that c

posted by euphoria 12 hours ago read more >>
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Ichimoku Signal Wrap-up: ...

As the British pound has rebounded after intra-day selloff to 1.5565, suggesting first leg of correction from 1.5753 top has

posted by GAINSY 15 hours ago read more >>
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GBP/USD in Retreating ahe ...

Expanding Top? GBP/USD has been trading sideways since the middle of last week, pushing to a high of 1.5750, but at the same

posted by FXTimes 17 hours ago read more >>
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EUR & GBP Bulls In Charge ...

How sensible markets have become regarding any news related to US and QE tapering. Yesterday, an article in FT with no fresh

posted by GAINSY 19 hours ago read more >>
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British pound under press ...

"Britain does not have much of an inflation problem, if the output price data are anything to go by. Factory gate prices rose

posted by piphole 18 hours ago read more >>
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Daily Forecast: GBP/USD ; ...

GBP/USD: No change in GBP/USD's outlook. Price actions from 1.4830 are viewed as a corrective pattern. And, we'd expect stron

posted by GAINSY 23 hours ago read more >>
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Strength of recent manufa ...

The NZD/USD was the weakest performer amongst its peers over the past 24-hours. It trades around 0.8000 currently. Yesterday'

posted by Sissie 1 day 7 hours ago read more >>
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Ichimoku Signal Wrap-up: ...

Despite intra-day brief rise to 1.5753, lack of follow through buying on break of previous resistance at 1.5737 and current r

posted by GAINSY 1 day 11 hours ago read more >>
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GBP

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GBP/USD - (Technical Analysis)

posted by Avatar LadyGodiva 1450 days ago in USD, GBP, Technical

RSI (Relative Strength Index) giving us a bullish signal. MACD show us weakness in the market by crossing MACD line to the signal line. Bollinger gives us a bullish signal by closing the candle above the middle band. read more
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U.K. Mortgage Approvals Rise Less Than Forecast on Loan

posted by Avatar goldmint 1451 days ago in GBP, Housing

U.K. home-loan approvals climbed less than economists forecast last month as the credit squeeze led to the smallest increase in net mortgage lending since records began in 1993. read more
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GBP/USD - Technical Analysis June 29, 2009

posted by Avatar Lacy 1451 days ago in USD, GBP, Technical

1,6484. GBP USD is in a range between 1,6210 and 1,6600. The volatility is low. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,6210 / 1,6600 ra read more
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Two possible trades

posted by Avatar tradeprofits 1451 days ago in EUR, GBP, Technical

I am back from holiday and having my first look at the charts. Two setups are present, and shown with pictures. Check it out read more
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UK House Prices Flat On Month In June - Hometrack

posted by Avatar post-it 1451 days ago in GBP, Fundamental

The average asking price of a house in the United Kingdom was essentially unchanged on month in June, property data collection company Hometrack said on Monday, following another flat monthly reading in May. read more
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GBPUSD Daily Forecast: June 29 2009

posted by Avatar fxlady 1451 days ago in USD, GBP, Daily

The GBPUSD had a bullish momentum on Friday. The pair topped at 1.6557 and closed at 1.6523. The bias is bullish in nearest term and we might see further upside pressure re-testing 1.6660 area. However, as you can see in h4 chart below, actually read more
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British Home Prices Held Their Value in June

posted by Avatar babyblue 1451 days ago in GBP, Housing

U.K. houses held their value for a second month in June as increased demand and a lack of supply supported residential prices, Hometrack Ltd. said. read more
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Fear UK’s public sector debt could quadruple

posted by Avatar tsukushi 1451 days ago in GBP

The UK's public sector deficit risks ballooning to four times its current level without drastic action to raise taxes or slash spending, a ratings agency has warned. read more
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GBP head out to Middle East, other regions to beat recession

posted by Avatar neorix 1451 days ago in GBP, GDP

Fed up of the recession and bad weather, large numbers of Britons are moving out to the Middle East and other sunnier regions abroad to find jobs and even settle down, a newspaper said. read more
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Home Economics: lenders’ leniency may help the market

posted by Avatar neorix 1452 days ago in GBP, Housing

Last week brought an unusual development; the Council of Mortgage Lenders (CML) revised down its projection of the number of housing repossessions. At this stage in the recession of the early 1990s, the numbers were consistently revised higher. W read more
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Britannia shrivels under Gordon Brown

posted by Avatar BloodDiamond 1452 days ago in GBP

At least the mullahs still take Britain seriously. While the rest of the world has been laughing at our expenses scandal, last week Manochehr Mottaki, Iran’s foreign minister, paid us the highest diplomatic compliment – that of believing in our m read more
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The house price quandary goes on

posted by Avatar babyblue 1452 days ago in GBP, Housing, Consumer

Official figures from the Land Registry have today cast doubt on the expected recovery in UK property market. Despite a number of reports showing a positive return on house prices in May the figures from the Land Registry show a further fall of 0 read more