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Relief Rally Continues As 'Remain' Vote Gains Traction

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    During the pound sterling consolidated yesterday's gains and is set to start the European session on a firm footing. The cable is currently testing the resistance area at around 1.47-1.4740 (psychological level and previous low), sitting on its 200dma at around 1.4683. However, we would rather remain cautious holding long[​IMG]

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