LiteForex - Analytics

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    GBP/USD: analysis and forecast on 13.02.2015

    Quotes had been growing the whole day yesterday and reached a level of 1.5415 by evening. The growth of more than 200 points was linked to the publication of Bank of England's quarterly inflation report and Bank Governor Mark Carney's statement. The inflation level still remains positive even though it lowered below 1%. However, the low inflation level must entail an interest rate rise, according to the Governor of the Bank of England.

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