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GBP/USD Under The Risk Of Returning Under 1.42

Discussion in 'Technical Analysis' started by Kaitlin, Mar 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The British Pound surprised with its performance for another day, as demand at the monthly PP was sufficient to cause the Cable to recover from its intraday low and edge 45 pips higher. The 20-day SMA remains the immediate support today, but is not strong enough to prevent the GBP/USD[​IMG]

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