Tuesday, April 1, 2014

Cable Sustains Uptrend On Dovish Yellen

On Monday Pound/Dollar increased with 75 pips. The Cable appreciated from 1.6610 to 1.6685 yesterday, in line with the positive money flow sentiment at nearly +19%, closing the day at 1.6661. Today the British Pound is trading quietly, with movements at the upper half of yesterday's range for the time being.



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