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GBP/USD Recovers And Rebounds To Major Resistance

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    GBP/USD spent last week rising sharply in a rebound from its new 7-year low up to major resistance around the 1.4250 level. This rise occurred as the US dollar fell and worries about a potential UK exit of the European Union (Brexit) partially subsided[​IMG]

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