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    GBP/USD: analysis and forecast on 20.03.2015

    During yesterday's trading session, GBP/USD got back to previous lows after a substantial growth on Wednesday which was linked to a weakening of the US dollar. Investors felt disappointed about the results of FED's meeting, where the date of interest rate rise was to be announced. FED declared that the appreciation of the national currency had had negative effects on US exports and slowed down inflation rates, therefore monetary policy tightening would be conducted at a slower pace. However, many investors think that interest rates should be raised till the end of this year, even if it happens later than planned. 

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