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A quick look at the key technicals for some of the pairs

Discussion in 'Technical Analysis' started by ForexLive, Jan 19, 2016.

  1. ForexLive

    ForexLive Forum Member

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    GBPUSD rebounds. USDJPY tests support. EURUSD holds above MAs GBPUSD. The GBPUSD was smashed in trading today. The pair fell 210 pips from the high with little in the way of a correction. The last few hours has seen more buyers coming in. The pair has retraced into the 38.2-50% of the last leg down at the 1.4165-77 area and above an old trend line ().

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