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GBP/USD Dips Below Key Support Target Ahead Of Major UK Economic Data

Discussion in 'Technical Analysis' started by Kaitlin, Jan 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    GBP/USD slid down on Monday to dip below a key support target around the 1.4250 level ahead of a relatively data-heavy week for the UK. In the process, the currency pair established yet a new 5½-year low. While the US has only a couple of major economic data releases scheduled[​IMG]

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