20 Pips a day keeps centerlink away
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The pound avalanche picks up speed
Selling of Her Majesty's quid intensifies on poll news It must be a quiet morning if we're just dropping on the Telegraph poll story. More's the case that this is just an excuse for sellers to keep the momentum going from yesterday. We're now down over 200 pips since yesterday's highs and I've a suspicion we're possibly going to remain soft this week, what with the FOMC and BOE to come. Those two events are going to have a bigger say than a Brexit poll that's going to be one of many to come over the next few months. For now 1.4200 is where resistance will build in earnest. Watch for it trying to build here at 1.4180 ... (full story)
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