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GBP/USD In Limbo Ahead Of UK Manufacturing Data

Discussion in 'Technical Analysis' started by Kaitlin, May 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The British Pound rebounded from the 1.44 mark on Tuesday, having climbed over the immediate resistance cluster. The same cluster is now acting as the immediate support, which should provide sufficient demand for another rally today. Technical indicators are mostly giving signals to buy the Sterling, bolstering the probability of[​IMG]

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