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GBPUSD corrects near day's midpoint

Discussion in 'Technical Analysis' started by ForexLive, Aug 5, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Shorts getting squeezed a bit... Stocks remain supported That is helping the JPY crosses like the GBPJPY, but not the USDJPY. SO we are seeing the GBPUSD and the EURUSD rally instead.

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