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EUR/GBP - when the technicals pre-empt the fundamentals

By Brenda Kelly - Chief Market Strategist at IG

Date: Wednesday 16 Jul 2014

It's always nice when the fundamentals match up to the technical picture so the fact that we saw a surprisingly higher-than-expected inflation number in the UK today tends to vindicate the overall trend in the EUR/GBP pair.

Historically speaking, if there's one data point that is prone to...

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