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Technical Analysis Daily: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Nov 19, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The Sterling did not make any significant movement yesterday. We had clear range between 1.5091 and 1.4898. Break out of this zone will signal to traders what position to take. Short term resistance is 1.5165. Immediate support level is around 1.4700. In the long term the bearish scenario is still...

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