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GBP/USD Set To Return Under 1.52

Discussion in 'Technical Analysis' started by Kaitlin, Dec 14, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The Cable ignored the positive US fundamental data on Friday, as the IMF's upbeat report on the UK economy boosted the British currency. However, the resistance trend-line was not reached, as the 55-day SMA limited the volatility and is caused the pair to suffer losses on Monday during the Asian[​IMG]

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