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GBP/USD Potentially Targeting Long-Term Lows Below Key Support

Discussion in 'Technical Analysis' started by Kaitlin, Jan 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The GBP/USD downward spiral has become increasingly steeper as the dollar continues to gain further traction on the back of last month's US interest rate hike, and the pound continues to founder on the Bank of England's indeterminate monetary tightening timeline.[​IMG]

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