Tuesday, September 17, 2013

GBP/USD Extends Uptrend To Over 1.595

On Monday Pound/Dollar continued increasing with almost 100 pips. The Cable appreciated from 1.5865 to 1.5963 yesterday, in line with the positive money flow sentiment at around +24%, closing the day at 1.5891. Today the British Pound is trading quietly, with movements at the lower half of yesterday's range for the time being.



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