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GBP/USD To Regain The Bullish Momentum

Discussion in 'Technical Analysis' started by Kaitlin, May 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Weak US employment data on Friday was insufficient to cause the GBP/USD currency pair to rebound, but, nonetheless, the monthly PP managed to limit the losses at 1.4417. Technical indicators keep giving bullish signals in the short and medium terms, suggesting that a corrective rally is due. Demand around the[​IMG]

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