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GBP/USD Muted Ahead Of US NFP Data

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

  1. Kaitlin

    Kaitlin Forum Member

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    The GBP/USD currency pair's trade was rather subdued on Thursday, with the bearish momentum ultimately prevailing. However, the immediate support in face of the weekly S2 remained intact, preventing the Pound from sustaining sharper losses for the second day, indicating that a possible rebound could occur today. A lot depends[​IMG]

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