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Chart Of The Day: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 16, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Price action for at least the past half year on the GBP/USD (a daily chart of which is shown) has been characterized by relatively large chart pattern breaks. Currently, price is continuing within a prolonged descending wedge pattern consolidation that has been in place for the last three months. The...

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