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Tuesday, 28 July 2015

Share Tips - Forex - GBP/USD weekly outlook as on 29 July, 2015

http://www.researchvia.com
Share Tips - The pound was little refine opposed the dollar late Friday, but obtain ground opposed the broadly weaker euro as doubt over Greece’s debt debate, sapped investor needs for the single currency.

GBP/USD was at 1.5746 late Friday, about unchanged for the day. EUR/GBP slid 0.3percents  to one-month lows of 0.7084.

Investors dues on the sidelines of currency markets amid doubt over whether Greece could reach an accord with its international lenders in time to avert a usual.

Share Tips - Greece’s bailout is due to expire on this Tuesday, the same day that Athens is due to repay €1.6 billion to the International Monetary Fund, but without a rescue package in place Greece will almost surely default.

In the week ahead, investors will be focusing on evolution in Greece after Prime Minister Alexis Tsipras forsaken conference with creditors on Saturday and called for a popular to be held on July 5 on the terms suggest by lenders for extending the country’s bailout program.

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