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Tuesday, 2 June 2015

GBPUSD Trend & momentum 2-Jun-2015

GBPUSD stays near 2 week low level 1.522 today. The trend & momentum indicates GBPUSD is expected to be reversed into upward trend for a coming week.
 Although some economic figures will be released from both UK and US in this week, the impact from those factors are likely limited as they do not directly affect to the monetary policy. (Except, rate decision will be taken by Bank of England, but this is most likely unchanged.)
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