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Sunday, October 17, 2010

GBP/USD Outlook – October 18-22

Sunday, October 17, 2010
GBP/USD Outlook – October 18-22 Another busy week expects cable traders, with retail sales, meeting minutes and speeches. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. GBP/USD  daily chart with support and resistance lines

Inflation is still above the government target, at 3.1%, and we also saw another rise in the number of unemployed people

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