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Tag archive for ‘GBP’
The most important factors affecting the GBP exchange rate are: Bank of England; interest rates; gilts; 3-month Eurosterling deposits and economic data.
By ProfitEase.com On Monday, September 22nd, 2014
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Factors impacting major currencies explained: Part 3, the British pound

Bank of England The Bank of England (BoE) is operationally independent with respect to establishing monetary policy, with the aim of attaining price stability together with supporting the government goals regarding More...

The GBP/USD ascended to a two and a half week high on Friday, as the Scotland independence referendum, with a record participation of voters, showed the predominance of opinions for the country staying within the UK.
By ProfitEase.com On Friday, September 19th, 2014
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GBP/USD soars with Scotland independence referendum yielding “NO”

The GBP/USD ascended to a two and a half week high on Friday, as the Scotland independence referendum, with a record participation of voters, showed the predominance of opinions for the country staying within the More...

GBP/USD - Support and resistance levels
By ProfitEase.com On Wednesday, August 27th, 2014
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GBP/USD – Pivot Points

Day Week Month R3 1.5825 1.6183 1.6415 R2 1.5764 1.6022 1.6300 R1 1.5736 1.5944 1.6185 S1 1.5603 1.5583 1.5267 S2 1.5583 1.5430 1.4820 S3 1.5430 1.5275 1.4820 Pivot points in the charts above More...

The British pound trading sideways with a bearish bias
By ProfitEase.com On Tuesday, August 12th, 2014
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The British pound trading sideways with a bearish bias

The cable is gradually drifting lower amid expectations for an interest rate hike shifting for next year. Yesterday the pound was trading sideways making attempts on a recovery from the losses it had endured recently, More...

By ProfitEase.com On Monday, August 4th, 2014
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The British pound sinks after a drop in UK Manufacturing PMI

The GBP closed below its 50-day Moving Average for a third day in a row, eyes more losses. The British pound continued its decline today after the UK Manufacturing PMI missed analysts’ expectations and dropped More...

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