A Week of Strong UK Data Helps Guide GBP/JPY to New Highs

The British Pound was strong in June because the expectation for the BoE to raise interest rates has been moved up after bank gov. Mark Carney hinted at a possibility of a rate hike at the end of 2014. This week, strong UK data helped the GBP extend that strength. …

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A Week of Strong UK Data Helps Guide GBP/JPY to New Highs