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GBPUSD: Risk Remains Towards 2010 Low(1.5532)

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 11, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    As failure at the 1.5763 level saw the pair tumbling lower and taking back almost all of its recovery gains on Wednesday, threats of further downside are now shaping up towards its 2010 low at 1.5532. This view is consistent with its overall medium term downtrend and remains valid while...

    complete article here...

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