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Forex technical analysis: GBPUSD trying to stay above retracement level

Discussion in 'Technical Analysis' started by ForexLive, Aug 23, 2016.

  1. ForexLive

    ForexLive Forum Member

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    61.8% and prior swing high holding support. Yesterday, the GBPUSD squeeze shorts a bit and then went sideways. The CBOT commitment of traders net short position in the GBP was at record levels last week.

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