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The market’s latest risk-rally was once again cut short during Wednesday’s Asian session, allowing the British Pound to Australian Dollar exchange rate to continue recovering despite poor UK data so far this week. After opening the week at the level of ,

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Over the last couple of months the GBP/USD has established and traded within a trading range roughly around the key level of , whilst moving down to support at and up to .

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Stop and limit orders are contract options which can be employed in order to counteract foreign exchange risk. Not only can they be used specifically to target.

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