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GBP/USD Remains Subject To Weakness

Discussion in 'Technical Analysis' started by Kaitlin, Dec 8, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The British Pound edged lower against the US Dollar on Monday, with the immediate support in face of the weekly PP limiting the losses. However, the weekly PP is now providing resistance and weighing on the GBP/USD. The Sterling could decline towards the support cluster around 1.4960, which would mean[​IMG]

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