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GBP/USD Remains Subject To Weakness

Discussion in 'Technical Analysis' started by Kaitlin, Apr 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Last Friday that British Pound managed to rebound against the US Dollar, completely erasing the preceding day's losses. Nevertheless, the Cable remains within the borders of a falling wedge pattern, thus, more bearish momentum is likely to come. A tough resistance cluster is weighing of the GBP/USD pair today, namely[​IMG]

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