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GBP/USD Prepares For A Lift-Off From 1.4230

Discussion in 'Technical Analysis' started by Kaitlin, Jan 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Yesterday, the Cable completed a pullback after it had breached the accelerated falling trend-line earlier this week. Accordingly, even though the indicators are bearish, there is a good possibility the currency pair will rebound from the new formidable demand area around 1.4230, consisting of the trend-line, 2010 low, and weekly[​IMG]

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