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Home » Forex Trading News: GBPUSD Making Some Interesting Moves Post CPI

Forex Trading News: GBPUSD Making Some Interesting Moves Post CPI

Posted by Mr. Danish FX on Tue, 05/13/2008 - 4:02am in

The GBPUSD made a big figure drop after making some gains after the higher than forecast CPI data.  After inflation rose to a high not seen since July 2002 in the UK, it appears that traders reversed their initial reactions as the data was digested. 

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