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July 24, 2012

GBPUSD: Trading the U.K. 2Q GDP Report

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The advance GDP report is expected to show the U.K. contracting another 0.2% in the second quarter and the deepening recession may product a sharp selloff in the British Pound as it raises the scope for additional quantitative easing. As the economic downturn raises the risk of undershooting the 2%... FF News: Fundamental

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