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GBP/USD Attempts To Remain Above 1.46

Discussion in 'Technical Analysis' started by Kaitlin, May 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Pound failed to post significant gains against the US Dollar on Thursday, despite the immediate resistance in face of the weekly R2 being retaken. With indicators remaining bearish and the fading bullish momentum, the GBP/USD pair is now expected to undergo a corrective decline. The weekly R2, which now[​IMG]

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