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Mixed data prints coming out of the U.S. & U.K. may foster range-bound prices in GBP/USD especially as the Federal Reserve and the Bank of England (BoE) retain a wait-and-see approach for monetary policy.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/gbp/2016/05/13/Mixed-UKUS-Data-to-Foster-Range-Bound-Conditions-for-GBPUSDtofDS.html?DFXfeeds=forex:fundamental:forecast:weekly:gbp
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