Wednesday 25 April 2012

Cable vs GDP (MtM)

Peeps,

Here is a chart comparing the movement of the cable and the GDP% (MtM). Please note that the price data for GBP/USD is the closing price of every first day of the month. Also since april has not ended, we removed the new april GDP for a better comparison between both up till March.


Spot any trend forming if we incorporate today's GDP% (MtM) data into the chart?


Cheers,

Renomic

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