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Today's Live Show: GBP− A Deja Vu Trend Reversal or a Short Pause in the Rally?

Thu, Nov 12 2009, 16:20 GMT
by Ilian Yotov

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In the broadcast today: GBP- A Deja Vu Trend Reversal or a Short Pause in the Rally? We focus on the GBP after a series of negative events this week have left us with the feeling of Deja Vu resembling the August/September period of GBP weakness, we analyze the latest trend developments with the GBP/USD currency pair and examine the technical and fundamental factors that could indicate a trend reversal or simply a continuation of the GBP rally vs. the USD, we list the Top 10 spotlight economic events that will move the markets in the new trading week, we take a look at the EUR/USD currency pair ahead of the sequence of important economic data from the Euro-zone tomorrow, we highlight the market's reaction to the Euro-zone Industrial Production and the U.S. Jobless Claims, we discuss new forecasts from Royal Bank of Canada, Citigroup and UBS, and prepare for the trading session ahead.     

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

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