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London Session Recap

Discussion in 'Fundamental Analysis' started by ActionForex.com, May 12, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Strong buying pressure chased cable all the way to the USD1.5300 level this morning, from an open in the 1.5100 area and EUR/GBP tested the water below the EUR/GBP 0.8940 level. Buyers' appetite for sterling was increased by a round of better than expected UK economic data.

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