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Technical Analysis Daily: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 4, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    After 2 weeks of rising, the Sterling dropped on Friday with almost 300 pips. This morning the Cable started climbing and is closing to its first resistance for today at 1.9790. Overcoming that level will lead to next resistance at 1.9880, which is a bottom from 18 September, and 1.9960,...

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