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GBPUSD tests the last bit of resistance in cluster of levels

Discussion in 'Technical Analysis' started by ForexLive, Mar 17, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    MAs, 50% Fibonacci level, and underside of broken trend line Yesterday, traders took the GBPUSD apart and fell below a bunch of technical levels. Guess what? The market is up testing/breaking through those levels. Specifically, there is a bunch of technical stuff in the 1.4233-74 area for the GBPUSD.

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