Wednesday, April 30, 2014

Cable Nurses Losses After Poor GDP Data

On Tuesday Pound/Dollar traded within 55 pip range. The Cable depreciated from 1.6847 to 1.6789 yesterday, in converse with the positive money flow sentiment at nearly +12%, closing the day at 1.6825. Today the British Pound is trading quietly, with movements within of yesterday's range for the time being.



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