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    The Fall in The GBP

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    Neha Jindal
    The fall in the GBP / USD exchange rate from July to August provides evidence that the short term trend is down. If that trend continues in the currency market, we should see an average daily rate in September, 2011 that is close to 0.60. The pound will have a major impact global macro general deterioration, debt crisis in Europe spread to the growing signs of the core countries obvious.

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    The Fall in The GBP

    Uploaded by

    Neha Jindal
    3 views1 page
    The fall in the GBP / USD exchange rate from July to August provides evidence that the short term trend is down. If that trend continues in the currency market, we should see an average daily rate in September, 2011 that is close to 0.60. The pound will have a major impact global macro general deterioration, debt crisis in Europe spread to the growing signs of the core countries obvious.

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    The fall in the GBP

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    The fall in the GBP / USD exchange rate from July to August provides evidence that the short term trend is down. If that trend continues in the currency market, we should see an average daily rate in September, 2011 that is close to 0.60. The pound will have a major impact global macro general deterioration, debt crisis in Europe spread to the growing signs of the core countries obvious.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    3 views1 page

    The Fall in The GBP

    Uploaded by

    Neha Jindal
    The fall in the GBP / USD exchange rate from July to August provides evidence that the short term trend is down. If that trend continues in the currency market, we should see an average daily rate in September, 2011 that is close to 0.60. The pound will have a major impact global macro general deterioration, debt crisis in Europe spread to the growing signs of the core countries obvious.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
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    The fall in the GBP/USD exchange rate from July to August provides evidence that the short term

    trend in GBP/USD is down. In other words, a weakening of the US Dollar against the British Pound in the short term. If that trend continues in the currency market, we should see an average daily rate in September, 2011 that is close to 0.60.

    Wednesday will announce the U.S. producer price index, in addition, the UK unemployment data will be published 7, and the Bank of England Monetary Policy Committee will announce the record, which the pound will have a major impact

    global macro general deterioration, debt crisis in Europe spread to the growing signs of the core countries obvious

    British 7CPI 4.4% growth rate slightly faster than expected, the current Bank of England is facing high inflation and low growth in an economic situation, which makes the Bank of Englands dilemma

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