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 Technical Analysis for GBP

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fxpulsation



Posts : 8759
Join date : 2012-01-25

PostSubject: Technical Analysis for GBP   Mon Mar 10, 2014 10:44 am



Technical Analysis for GBP

The GBPUSD was indecisive last week. The bias is neutral in nearest term but overall I still prefer a bullish scenario at this phase with nearest target seen around 1.6850. Immediate support is seen around 1.6650 but key support remains around 1.6600. A clear break below that area would interrupt the bullish outlook.
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