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GBP/USD set to test a key support that leaves bears on the brink of control again

From hantecfx.com

Market Overview Markets have been a bit choppy as we have moved ever close towards the important end of the week which contains the key Non-farm Payrolls report. Overnight there was some negative news for risk appetite, with China cutting its 2015 growth target to 7%. This is an 11 year low and below the 7.5% target for 2014. Asian markets were mixed to lower in response. This is likely to drive a negative undertone through the morning trade until the ECB press conference this afternoon. Mario Draghi is expected to put more meat on the bones of the ECB’s quantitative easing programme of €1.1 trillion over the next 18 ... (full story)

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