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Chart Of The Day: GBP/USD

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

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Price action on GBP/USD, a daily chart of which is shown, continues to traverse a steep parallel uptrend channel. This is despite coming down from a failed double-test high that reached up to around 1.6620, falling short of the previous 1.6660 high. Currently, price has bounced up off support around...

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