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Can the Cable sustain this level?
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12-04-2006, 03:20 PM
4xfanatic
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Join Date: Dec 2006
Posts: 15
I agree with Topchess. While the fundamentals are very bearish for the dollar, the London officials aren't going to want the Pound to get too high. I think they might do some "verbal" intervening in order to bring it down.
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