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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
2baklawa
I think the NFP will be a major determinant today,we will see a clear direction after the release.
The recent range of 1.58 - 1.64 is broken on the downside, which is likely to set a new lower range for the pair. Expect 1.54 or even 1.50 level.
Any comments?
I wonder what Ashraf thinks about this - he is known to factor football events into currency cross forecasts. :)