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Tuesday, February 1, 2011

GBP v/s USD

GBP is strong but they are not strong as US Dollar are. Because US economic is most strongest in the world due to thier policies. Construction PMI is due for release 9:30am GMT today. If an improvement from 45.9 to the expected 46.1 reading is seen, then the GBP could resume its rally and pierce past 1.6500 again. So they need to more struggle.

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