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Forex: GBP USD – Consoidate But Biased to the Upside

(Last Updated On: February 28, 2012)

Forex: GBP USD – Consoidate But Biased to the Upside

fxtechstrategy.com

GBPUSD: Although GBP is now seen backing off higher prices following its Friday gains, it is still biased to the upside.

 

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1.59 looks to be a key resistance level. need to see if the pair is able to hold itself above that..

 

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, you hit the nail on the head. We are looking for the 1/5924 level to break and provide GBP the impetus it needs to strengthen further.

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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