Compulsions can be hard to resist
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Pound Sterling Next Week: Can Gains against Euro and U.S. Dollar be Sustained?
Most analysts we follow suggest valuation at current levels is unlikely to be a hinderance to the Pound-Euro's trend of appreciation and it is noted that the spread on UK bond yields have widened notably when contrasted to those in Germany, which is seen by analysts as a potential driver of GBP/EUR upside. The Pound-to-Dollar exchange rate has risen in succession for the past six weeks, but in reality the week-on-week uptrend is far stronger and goes back to the previous September: chart "The GBP’s current strong bullish momentum suggests further near-term gains. A break above the 1.4000-level could open the door ... (full story)
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- trumps
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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