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GBP/USD Anchored Around 1.22

Discussion in 'Technical Analysis' started by Kaitlin, Oct 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The monthly S3 appeared to be too difficult to overcome, causing the Sterling to fall 65 pips at the end of the previous week. The Cable remains stuck in a tight range around the 1.22 major level, with the 1.21 mark acting as the bottom floor and the weekly S3[​IMG]

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