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Technical Analysis Daily: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 25, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The British Pound continued descending yesterday against the US Dollar from yesterday's top 1.9989 to the bottom 1.9819, which are the the first resistance and support levels respectively for the currency couple today. Today however the GBP/USD started recovering because of the bad US data. If the positive trend continues,...

    complete article here...

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