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Chart Of The Day: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Jun 29, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Price action on GBP/USD, a daily chart of which is shown, has continued progressing sideways within the converging triangle consolidation that has been in place since the beginning of the month. This continued consolidating price action occurs within the context of a steep uptrend (extending from the late April lows)...

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