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GBP/USD Muted, Awaits Interest Rate Decisions

Discussion in 'Technical Analysis' started by Kaitlin, Oct 9, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The Cable prolonged its rally for another day on Wednesday, reaching the target resistance cluster around 1.53. The Sterling opened trade today in between the mentioned cluster's levels, with more of those supporting the pair. Even though the pair should extend its rally, risks of returning back to 1.52 persist,[​IMG]

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