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Difference Between Import and Exports Is Expected To Be Positive For GBP

News Date: 30/9/2014 00:40:11

Current account of the previous quarter is expected today to decrease from -18.5B to -16.9B and that might be the result of a weaker GBP which did increase the import action from UK.

At 1.62 GBPUSD found support and currently trying to push above the psycho historical level 1.63 and in case the news today came in green GBPUSD might jump strongly above 1.63 and hold above it, on the other hand in case the news came negative than GBPUSD might fall toward 1.60

Provided By Fxhighway 

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