DislikedThis is purely my opinion, but I believe that these quick pumps up are additional attempts to take out retailer bulls on the down-move, continuing from the Friday announcement by Carney that rates will be raised. Many people don't realize that this is old news and the bankers are playing to take out the longs. Even big-money clients will be inclined to believe that this news will lead to bullish moves on the pound, great time to steal money from the less-informed using bait-and-switch strategies I expect a fake-out below 175.54 over the next few...Ignored
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