Friday, March 28, 2014

GBP/USD Stays Bullish

Interestingly enough, EUR/USD and GBP/USD continue moving in the opposite directions, enough though generally we would expect them to exhibit strong direct correlation. Nonetheless, the Sterling, unlike its European counterpart, preserves a bullish momentum, despite the trading taking place just beneath the resistance at 1.6620/00, which consists of the monthly



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