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GBP/USD Attempts To Regain Some Value

Discussion in 'Technical Analysis' started by Kaitlin, Jun 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Yesterday weak UK CPI data, as well as the concerns over the upcoming EU referendum, caused the GBP/USD currency pair to close with a 155-pip loss. The second support cluster, namely the monthly S2 and the weekly S1 just under the 1.42 major level, succeeded in limiting the losses. Demand[​IMG]

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