Wednesday, January 2, 2013

GBP/USD breaks to 16 month high on fiscal cliff approval

For cable, 2013 begins with a bang: after the US House managed to approve the fiscal cliff deal, GBP/USD made a sharp move higher, also enjoying the low market liquidity. Japanese markets are closed today. It crossed the mighty 1.63 line and reached levels last seen in August 2011. Where next? Is it a false
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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