GBP/USD ; H1

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Outlook – Bearish 

Current rate – 1.50639 

The BoE’s Financial Policy Committee (FPC) meeting record released today emphasized emerging markets risks to the UK’s economy. The responsibility of the committee is mainly to identify systemic risks in order to protect the UK’s economy. The Committee met on November 25 to form its outlook for financial stability in order to decide on the proper policy in light of the risks identified.

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