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GBP/USD Risks Falling Back Under 1.42

Discussion in 'Technical Analysis' started by Kaitlin, Apr 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Last Friday the GBP/USD currency pair declined more than anticipated, having pierced the immediate support cluster and put the short-term up-trend to the test. The Cable is now expected to rebound from the mentioned support line, which is located on top of the 1.42 major level. However, the rally is[​IMG]

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