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GBP/USD takes another shot at edging above 1.43

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD continues eyeing 1.1115/00 “I regard it as unwise to continue a normalization strategy in an environment of declining market-based inflation expectations.” - James Bullard, St. Louis Fed President (based on Bloomberg) Pair’s Outlook In general the pair is hovering on the downside, while closely monitoring the nearest support zone at 1.1115/00 represented by the monthly R2, weekly S1 and 20-day SMA. Alongside, these levels are all strengthened by the September low and

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