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XAU/USD Bull-Flag Take Shape

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Pound Plunged and met our Target; XAU/USD Bull-Flag Take Shape The British pound was the main attraction yesterday, as it fell sharply against all of its G10 peers, particularly against the commodity currencies; AUD, NZD and CAD, in that order. The British pound fell sharply against the U.S. dollar during yesterday’s session to snap a 7-year low of below 1.4100, before a partial bounce at the end of the U.S. session. The pound came under pressure the last couple of days on uncertainty over

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