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GBP/USD Heals Wounds After Wednesday's Slump

Discussion in 'Technical Analysis' started by Kaitlin, Dec 4, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The fundamental data yesterday was in favour of the US Dollar yesterday, forcing the Cable to touch the 1.49 level. Even though trade closed above the intraday low, the target support was still breached. Today the Bollinger band and the weekly S1 are keeping the GBP/USD afloat, while the monthly[​IMG]

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