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GBP/USD: correction to 1.4630

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 7, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Main scenario: The pair is trading along an uptrend with target on 1.4630 and may be expected to continue, while pair is trading above support level 1.4455 - 1.4400. Alternative scenario: An downtrend will start as soon, as the pair drops below support level 1.4400, which will be followed by moving down to support level 1.4240.

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