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GBP/USD Anchored Around 1.32

Discussion in 'Technical Analysis' started by Kaitlin, Jul 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Strong UK employment figures caused the Sterling to outperform the US Dollar on Wednesday, but with the pair still failing to fully negate Tuesday's losses. Today the Cable opened on top of a relatively strong support cluster, represented by the 20-day SMA and the weekly PP, which should prevent the[​IMG]

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