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British Pound Outlook - June 22-26 2009
The British Pound has formed a new support line last week, and has narrowed its range. Will it make the break this week? 5 key events will shape the direction of GBP/USD this week: Rightmove HPI, BBA Mortgage Approvals, CBI Realized Sales, Inflation Report Hearings and Nationwide HPI. Here’s an outlook for this week’s key events in the Pound, and a technical outlook.