GBP/USD under pressure ahead of data & QIR

GBP/USD has been trading lower in the Asian session, hitting a low of 1.6758 earlier. I’d expect to see a bounce during the London session and a hunt for the topside stops above …
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Goldman Sachs FX Spot Desk Strategies

Summary of our Traders’ Strategies: EUR: I maintain a core short and will only add on rallies, with 1.3480 now being a sell point and a stop lowered to 1.3530 (ideally 1.3550 for …
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UK GDP in line with expectations

0.8 % MoM and 3.1 % YoY Cable little changed on this The post UK GDP in line with expectations appeared first on www.forextell.com.
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Goldman Sachs’ Analysis of the BoE Minutes

MPC Minutes: 9-0 for Bank Rate Unch. at 0.5%; 9-0 for APF Unch. at £375bn Bottom line: The vote for unchanged policy in July was unanimous, in line with consensus expectations. T …
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