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GBP/USD Heads Towards 1.28

Discussion in 'Technical Analysis' started by Kaitlin, Aug 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The immediate outlook on the Cable is bearish, as the currency pair once again failed to break through supply at 1.33 last week. The exchange rate is thus likely to fall some 250 pips before the bulls will have a good opportunity to take control of the price. The floor[​IMG]

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