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GBP/USD Remains On The Back Foot

Discussion in 'Technical Analysis' started by Kaitlin, Jan 11, 2017 at 10:59 AM.

  1. Kaitlin

    Kaitlin Forum Member

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    The Sterling surprised with its performance on Tuesday, as it managed to unexpectedly recover from its intraday low yesterday and even ended the day in the green zone. However, the Pound lacked the strength to climb over the weekly S1, which was the immediate resistance at 1.2184. The weekly S1[​IMG]

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