GBPUSD trades at lowest level since July 11

Discussion in 'Technical Analysis' started by ForexLive, Aug 12, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Trend line tested... The GBPUSD is trading at new month lows for the pair and trades at the lowest level since July 11. In July, the price for this pair traded for 4 days in an up and down spin cycle. We are in that washing machine again (i.e., in that area).

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