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    GBP/USD: general overview on 29.05.2015

    The GBP/USD rate declined yesterday against a backdrop of UK unconvincing macroeconomic statistics.  According to the information published, GDP did not live up to forecasts of 0.4% in the first quarter of 2015 and remained at the same level of 0.3%. So, sellers made the GBP/USD rate drop to May's trough at 1.5260.  However, the Pound managed to claw back some losses afternoons once US negative statistics were published. Initial jobless claims amounted to 2,222 million in May, which is worse than the previous value of 2,211 million. 

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