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GBP/USD Hovers Over November Low

Discussion in 'Technical Analysis' started by Kaitlin, Dec 1, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    In spite of all positive signs, the Sterling suffered a rather heavy loss against the US Dollar on Friday, amid rising conviction of the Fed hiking in December. The Nov low at 1.5026 was able to limit the losses and should cause the Cable to undergo a correction and rebound[​IMG]

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