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TAG | GBP/USD



The remaining open lots on GBP/USD will be closed today, while the USD/CHF position is just taking shape.

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The GBP/USD remains under pressure, and given the state of the British economy, unless there is another round of quantitative easing by the Federal Reserve, the 1.6000 exchange rate is long gone.

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Jan/12

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Holding Short GBP/USD

We continue to hold our short GBP/USD position despite the pair sitting near technical support.

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