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Forex technical analysis: GBPUSD near closing level

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

  1. ForexLive

    ForexLive Forum Member

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    Push higher stalls The GBPUSD was the star of the day yesterday after Brexit concerns started to fade. The pair corrected on the FOMC minutes and resumed the rally in early London trading. However, we are seeing more corrective action and the pair is trading down on the day (yesterday closed at 1.4598).

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