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The Daily Picture: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 30, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Weekly open sees a downside move towards main daily support zone. Consolidation still running as price is trapped in a symmetrical triangle. On a technical side, last 3 weeks sees an impressive 5-waves correction from yearly lows, and it's now time to determinate if this correction is already over, or...

    complete article here...
     
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