Tuesday, October 1, 2013

GBP/USD Climbs On Passing U.S. Budget Deadline

On Monday Pound/Dollar resumed increasing with 75 pips. The Cable appreciated from 1.6126 to 1.6203 yesterday, in line with the positive money flow sentiment at around +26%, closing the day at 1.6183. Today the British Pound lifted further up, climbing to 1.6261.



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