LiteForex - Analytics

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GBP/USD: analysis and forecast on 25.03.2015

GBP/USD quotes dropped to daily lows at 1.4842 during yesterday's trading session. The pound weakened after publication of February's statistics for UK inflation. Consumer price index amounted to 0.0% whereas experts had forecast growth of 0.1%. Core consumer price index excluding a volatile component of energy and food prices did not live up to forecasts either equalling 1.2%.

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