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Forex Technical Analysis

Discussion in 'Technical Analysis' started by Kaitlin, Oct 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    GBP/USD The downtrend has reached a new local low at 1.2717, but the outlook remains absolutely bearish, for a further slide towards 1.2680, en route to 1.2565 area. Initial resistance lies at 1.2794, followed by the key hurdle at 1.2913.[​IMG]

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