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GBPUSD - narrow band between 1.4000 - 1.4500

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US Dollar Highlights GBPUSD - narrow band between 1.4000 - 1.4500 Growing tensions aboard Sterling - US Dollar (GBPUSD) FX Technical Analysis The Sterling Dollar exchange rate has traded in a relatively narrow band between 1.4000 and 1.4500 over the course of 2016 although it did dip below 1.4000 very briefly in February when Boris Johnson decided to join the campaign for the UK to leave the European Union. Sterling is still on fairly shaky ground in the months leading up to the referendum in

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