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    GBP/USD: technical analysis on 18.02.2015

    The Bank of England's last meeting minutes regarding the monetary policy and the employment data have been published today. The latter exceeded the forecasts, which helped the pair reach new levels. The employment rate in December amounted to 103 000, as against a forecast of 50 000. The ILO unemployment rate reduced to 5,7% against the previous value of 5,8%. Right after the publication of these data, GBP/USD reached a resistance level of 1.5440 which is quite powerful and does not allow the pair above. 


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