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    This blog consists of contributions from FXCM staff, executives and people that have a relationship with FXCM. In spirit of a blog, the posts are conversational and opinionated. However, they are not official FXCM policy and not double-checked for facts. The authors are providing information that they believe to be true or opinions they hold. To verify information or check official FXCM policy, please contact FXCM through the firm's official website, www.fxcm.com.

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    GBP/USD a Buy?

    By DailyFX Updates | October 8, 2007

    According to our Speculative Sentiment Report from last Thursday, the SSI for the GBP/USD flipped from negative to positive.  In the past,  when retail was long but flipped to net short, the GBP/USD has rallied in the following days.  Based upon this information, now may be a good time to buy the GBP/USD for a quick bounce.

     Latest Speculative Sentiment Report


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    Topics: DailyFX.com Updates |

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