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GBP/USD Struggles To Reclaim 1.46

Discussion in 'Technical Analysis' started by Kaitlin, May 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Still being driven by political factors, namely the upcoming EU referendum, the Sterling managed to advance more than 130 pips against the US Dollar yesterday. The weekly R2 succeeded in limiting the gains just on top of the 1.46 major level, which could cause the Cable to undergo a corrective[​IMG]

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