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GBP/USD edges lower as Fed waits for better data

Wednesday, April 29, 2015 6:22 PM UTC

GBP/USD moves lower post-FOMC rate hold, to 1.5430 from 1.5465
Resistance by 1.55 by today's high, Support at 1.5423 daily Tenkan line
Bad weather, low energy prices weigh on growth and inflation
Job growth moderated & labor underutilization changed little since March
CME Fed watch has Jun rate hike at 4.3%, Sept 23.1%

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GBP/USD edges lower as Fed waits for better data

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