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GBP/USD Anchored Around 1.51

Discussion in 'Technical Analysis' started by Kaitlin, Dec 7, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The GBP/USD currency pair weakened on Friday, with intraday volatility reaching the 1.5080 level, but with trade closing at 1.5117. Today the Sterling is expected to extend its correction and continue edging lower, as technical indicators suggest in all timeframes. Immediate support is represented by the weekly PP, now located[​IMG]

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