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GBPUSD: could be a false break, patience required

February 2nd, 2009 · No Comments

GBPUSD: Closed above the 1.4350 resistance level on Friday though is trading very poorly today. A close below 1.4185 today will mean that a bearish daily reversal will be posted arguing for ST losses. There is good ST support at 1.4030/25.

Tags: Forex Charts

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