GBP/USD Sets Eye On 1.47

Discussion in 'Technical Analysis' started by Kaitlin, Apr 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Disappointment in yesterday's US GDP figures caused the Cable to negate Wednesday's losses, but the immediate resistance in face of the monthly PP and the weekly R2 remained intact. The Sterling is expected to retain its strength, thus, edge higher against the US currency again. Gains are likely to be[​IMG]

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