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GBP/USD To Fall Under 1.42

Discussion in 'Technical Analysis' started by Kaitlin, Feb 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The British currency experienced another slump last Friday, reaching a daily low of 1.4150, but stabilising at 1.4246. Even though the GBP/USD was seen mostly consolidating during the previous week, this trend has fallen under the risk of getting broken today. Technical indicators retain bearish signals, while the supply at[​IMG]

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