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12 Mar 2014
Flash: GBP/USD heading to bearish camp – FXStreet
FXStreet (Barcelona) - Ross Burland, Editor and Analyst at FXStreet, sees GBP drifting to the bearish side of the market.
Key Quotes
“Britain has stood up quite well to the bad weather conditions and this was evident in the PMI’s that were consistent with robust rates of growth, outperforming its G10 partners as we come to the end of the first quarter of 2014”.
“Yields have come off and the pound is trading back onto a comfortable level on the 1.66 handle and monthly pivot point”.
Key Quotes
“Britain has stood up quite well to the bad weather conditions and this was evident in the PMI’s that were consistent with robust rates of growth, outperforming its G10 partners as we come to the end of the first quarter of 2014”.
“Yields have come off and the pound is trading back onto a comfortable level on the 1.66 handle and monthly pivot point”.