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Originally Posted by Soheilsb
Does anyone know the cause of the big rally of GBP/USD from 1.7740 to 1.7876 ?
I can not find any reasonable foundamentals for this move. There's also a big decline for USD/JPY .
can anyone help me out here ?
Regards,
Soheil
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My guess:
GBP - PPI/House Price Index
JPY - Postal vote