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GBP/USD Takes Another Shot At Retaking 1.44

Discussion in 'Technical Analysis' started by Kaitlin, Apr 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Cable dropped slightly under the weekly R1 on Wednesday, confirming the bearish scenario. Today's technical indicators retain mixed signals, also unable to give a clear sense of direction. In case bears push the GBP/USD currency pair lower, losses are likely to be limited by the tough support cluster around[​IMG]

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