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Monday 20 April 2015

GBPUSD trend & momentum 20-Apr-2015

The trend and momentum indicates GBPUSD is in downward trend in this week, reversed from the upward trend for the last week.In US economy, the interest rate is one of major key factors affecting to cross USD pairs. It is still unclear the interest rate hike within this year, and the market could jump if the consensus stop expecting the interest rate going up.

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