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Pound shaken but not stirred after GDP - Is bad news different this time?

Discussion in 'Technical Analysis' started by ForexLive, Oct 28, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    The quid looks quite resilient after the GDP data 1.5300 is developing into strong support and it stands out in the middle of the current range. That range (between the red horizontal lines) I'm looking at is the 1.5170 - 1.5500/10 range

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