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GBPUSD: can the recovery continue?
The next 48 hours could provide some potentially explosive events for this pair. First up, we get the FOMC meeting later today (check out our preview HERE) then we get the Scottish referendum result, which we are expecting at approx. 0700 BST on Friday morning. Is a sterling crisis waiting in the wings? Looking at the referendum first, a yes vote could trigger a decline back to 1.50 in this pair, while a win for the no camp could see it get back to 1.6600. Due to the uncertainty surrounding this referendum and the potential for Scottish independence, we think that the larger market reaction could come on the back of ... (full story)
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- Sep 17, 2014 1:06pm Sep 17, 2014 1:06pm
- traderathome
- Joined Mar 2008 | Status: PVSRA with Traderathome | 1621 Comments
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- Sep 17, 2014 1:19pm Sep 17, 2014 1:19pm
- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3120 Comments
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