The British pound had an exciting week, with a final break higher. Many speeches and a few indicators are awaiting us in another busy week. Here is an outlook for the British events, and an updated technical analysis for GBP/USD.
Headline inflation pierced the 5% mark. In the current environment, this only means more trouble for Britain, as tightening monetary policy is off the cards, especially after the QE2 decision.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/gbpusd-outlook-october-24-28/"]GBP/USD Outlook – October 24-28[/URL][/I][/B]
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