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GBP/USD: analysis and forecast on 19.05.2015

During yesterday’s trades the USD had slightly regained positions versus the British currency after a week of losses. The pair GBP/USD fell to the level of 1.5637. The decline was caused by the regain of the trust to the USD among investors. In addition, On Monday the American currency rose against the major currency basket as market participants focused attention on the forthcoming inflation data on Friday and the minutes of the US Fed meeting, which will be released on Wednesday.

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