The GBPUSD went into the weekend near the 1.23880 price after demonstrating a rather dynamic week of trading- Forex Trading FX Money Markets
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A huge week of powerful market forces waits for speculators in the GBP/USD. Traders who like to monitor the opening of the GBP/USD coming out of the weekend before dipping their toes in the water may want to be extra conservative.The GBP/USD has seen a rather solid bullish trend develop and it has been able to maintain its higher values when a one-month chart is examined.
The U.S. Fed is expected to raise its interest rate by 0.25% again on Wednesday. However, it is the policy outlook of the U.S. central bank everyone wants to know.
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