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GBP Dollar FX trader

Canadian Press, The Canadian Press
0 Comments| February 18, 2013

(Action Economics) - 18-Feb-13 07:44 - Cable hit new trend lows after 1.5450 barriers were extinguished after the London open.

The move lower coincided with reports that fund managers have shunned the pound after CFTC data revealed GBP shorts rose to eight month highs of 16,776 on the Friday release.

© The Canadian Press, 2013

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