Wednesday, May 28, 2014

GBPUSD: 6-Month Bullish Trend in Jeopardy After Weak UK Data

As we noted yesterday, the pervasive theme this week has been broad-based strength in the US dollar (see my colleague Kathleen Brooks' note from earlier this morning for more). While this strength has been most apparent in currency pairs like EUR/USD, USD/CHF and NZD/USD, even the stubbornly bullish GBP/USD is



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