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Forex technical analysis: How I see the GBPUSD technically

Discussion in 'Technical Analysis' started by ForexLive, Oct 10, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Bears keeping in control As Ryan pointed out (), the GBPUSD plunge on Friday messed up a lot of the charts. I have seen the low on Friday (Reuters) at 1.1491. Bloomberg has 1.1841. I have heard others as high as 1.1990. That makes a mess of the charts. When you have such a large spike, the scale gets all outta whack (see chart below.

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