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GBP/USD In Limbo Around 1.45

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Cable took a beating on Friday, as the exchange rate edged closer to the 1.45 psychological level, mostly due to a decline in US Unemployment Rate. The pair remains rather weak and might retreat towards the 1.44 major level in the upcoming days, demand around which is strong. However,[​IMG]

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