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GBP/USD: Downside Risks Still Present

Discussion in 'Technical Analysis' started by Kaitlin, Sep 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Cable surprised with its performance on Wednesday, as it remained completely flat after experiencing some downside pressure. The pair is expected to experience another leg down today, with technical indicators bolstering this possibility. The weekly PP on top of the 1.30 major level remains the closest support, whereas the[​IMG]

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