Saturday, February 11, 2012

GBP/USD Looks to Retest June Highs

June 24, 2009 by · Leave a Comment 

The Cable has propelled through our 3rd tier downtrend line on moderate volume as the greenback depreciates across the board. Investors are divesting from the dollar ahead of the Fed’s decision on monetary policy later today. Investors believe the FOMC remains in an adverse position in regards to its ability…

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