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GBP/USD: Risks Skewed To The Downside

Discussion in 'Technical Analysis' started by Kaitlin, Jul 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Despite strong UK inflation figures, the Sterling was unable to outperform the US Dollar, having returned to the 1.31 psychological level yesterday. Today's fundamentals are expected to have a higher impact on the British Pound, but the Cable is now located under a relatively strong resistance area, represented by the[​IMG]

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