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GBP/USD To Return Under 1.32

Discussion in 'Technical Analysis' started by Kaitlin, Jul 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    A rather dovish FOMC stance and poor US fundamentals on Wednesday caused the Greenback to weaken against the British Pound, resulting in the Cable's 90-pip rally. Nevertheless, the GBP/USD currency pair still remains within its recent trading range, namely between the 1.31 and the 1.3250 levels. The upper border is[​IMG]

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