- Middle Eastern Sovereigns and ACBs still buying dips
- Q4 GDP out later today, and I’ve heard rumours of both good and bad data so it will probably come in bang on expectations
- The 200-week MA comes in at 1.6010 and the last time it was breached (bearishly) it was good for a 50 big figure move (from 1.90 to 1.40 in late 2008)
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Cable gossip: Sovereigns, GDP and the 200-week MA
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