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Serving Traders Since 2005
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24th November 2010, 15:17
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GBP -Revised GDP
This is the second release of Gross Domestic Product for the third quarter. The initial report was excellent – a growth rate of 0.8%, double the early expectations. It then gave a big boost to the pound. This figure will probably be showed now. But I will remain bearish for this coming Nov 24 for this currency because the Irish problems and the internal austerity measures continue weighing on the pound.
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