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Forex technical analysis: GBPUSD tests and breaks trend line support. Trend continues.

Discussion in 'Technical Analysis' started by ForexLive, Dec 2, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Support area being tested. The GBPUSD is moving below the 1.5000 level and tests the lower trend line connecting recent lows from the daily chart. The trend line cuts across at 1.4975 on my chart. Below that the Jan low at 1.4950 is another target.

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