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JinDao_Tai
Jan 10, 2018 5:21 AM

GBP Manufacturing Production data Short

British Pound/U.S. DollarFXCM

Description

Today, we have the GBP Manufacturing Production data, with expectation for data to be better than expected. However, it is not expected that price of GBP/USD will move up significantly, due to the 73 pip move downward yesterday. A higher probability opportunity would be to sell the GBP/USD if data is released negative.
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