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GBP/USD Shows Signs of Life amidst Uncertainty

Discussion in 'Technical Analysis' started by Kaitlin, Apr 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The heavily-shorted pound has come back to life in the past three trading days. It has been lent buoyancy first and foremost by profit-taking from those who had sold the currency at much higher levels when the risks associated with the possibility of Britain leaving the EU were still under-priced.[​IMG]

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