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GBP/USD, Monthly forecast, December 2015

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 1, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    Main scenario: The pair is trading along an downtrend with target on 1.4800 - 1.4630, that may be expected to continue, while pair is trading below resistance level 1.5080. Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1.5080, which will be followed by moving up to resistance level 1.5235 and then to 1.5440.

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