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Forex technical analysis: GBPUSD breaks below 1.5200

Discussion in 'Technical Analysis' started by ForexLive, Sep 4, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Trades at the lowest level early June 2015 The GBPUSD has moved below the 1.5200 level and trades at the lowest level since June 5th. In fact, the low equals the low on that day. The move lower has taken the price below the 50% of the move up from the April low. That level comes in at 1.52456.

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