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  1. Trading the News: U.K. Gross Domestic Product: Bullish GBP/USD Bets Mired by Slowing UK GDP- 1.5050 Support in Focus

    by , 04-28-2015 at 07:28 AM
    - Will the Bank of England’s (BoE) Inflation Report (May 13) Highlight a Slower Recovery?

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    Trading the News: U.K. Gross Domestic Product (GDP)

    The U.K.’s 1Q Gross Domestic Product (GDP) report may dampen the appeal of the British Pound and undermine the near-term rebound in GBP/USD as the growth rate is expected to increase an annualized 2.6% after expanding 3.0% during the last three-months of 2014.

    What’s Expected: ...