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Forex technical analysis: GBPUSD falls below 1.3100 but bounces

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Stops but bounce The GBPUSD fell below the 1.3100 level on the way to new day lows at 1.30867. The price stayed below the 1.3100 level for less than 2 minutes. The correction has come back to the 38.2-50% of the last move lower. The low off that...1.3101. Back to support at 1.3100 it seems after the peak below..

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