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GBP/USD To Keep Sliding Down

Discussion in 'Technical Analysis' started by Kaitlin, Feb 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The British Pound experienced another sell-off yesterday, exceeding Monday's loss by ten pips. Even though technical studies retain mixed signals in the daily timeframe, the Cable is expected to suffer another decline today, falling under the 1.40 mark. The closest area to limit the dips is represented by the weekly[​IMG]

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