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Forex technical analysis: GBPUSD trading near day lows

Discussion in 'Technical Analysis' started by ForexLive, Sep 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Back below trend line today The GBPUSD took out the prior low for the day by about a pip and a half. That makes new lows for the day, but the pair is not exactly racing on the break. We are seeing a modest bounce.

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