Wednesday 28 October 2009

This is the first weekly prediction

This is the first weekly prediction of this month, so I recommend that you read my subsequent articles from now on. Today, we saw the British Pound soar against most of its major currency pairs. Monday’s GBP rally was ignited by the ISM Manufacturing PMI that was published from the U.S at 14:00 GMT. The immediate result was an abandonment of the safe-haven USD.

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