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GBP/USD Poised To Begin Correction

Discussion in 'Technical Analysis' started by Kaitlin, Apr 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Although the Sterling was unable to maintain trade near the target area of 1.4450 on Friday, trade still closed with the GBP/USD currency pair retaking the 1.44 major level, also erasing all intraweek losses. Furthermore, the Cable opened with a bullish gap today, inching closer towards the resistance trend-line around[​IMG]

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