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BK Big Trade GBP/USD Sell Orders 02.28.2016 – Stopped
BK Big Trade GBP/USD Sell Orders
Place order to Sell GBP/USD at market (now 1.3868)
Stop at 1.4068
UK PMIs are scheduled for release tomorrow and we have strong reasons to believe that the numbers will be weak given the sharp drop in the CBI industrial trends survey. The trend in GBP is still down and this is a weak where UK data could reinforce the downtrend.