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GBP/USD In Limbo Between 1.30 And 1.31

Discussion in 'Technical Analysis' started by Kaitlin, Aug 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Wednesday ended with the Pound remaining relatively unchanged against the US Dollar. The inability to close significantly lower creates a possibility for the Cable to post more gains this week if sufficient impetus is provided. The GBP/USD currency pair has the potential to climb over the 1.31 major level today,[​IMG]

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