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GBP/USD Muted Ahead Of NFP Data

Discussion in 'Technical Analysis' started by Kaitlin, Apr 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Cable struggled to pierce the weekly R1 for the second day yesterday and is likely to have issues edging above 1.44 again today. The base case scenario is a corrective decline towards the immediate support cluster, represented by the 20 and the 55-day SMAs, the weekly and the monthly[​IMG]

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