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GBPUSD - Vulnerable Despite Recovery

Stocks, Unit trusts, Wealth Management and Forex markets


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Old 13-07-2011, 09:21 PM
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Default GBPUSD - Vulnerable Despite Recovery

GBPUSD: Having reversed higher off the 1.5778 level on Tuesday and following through in early trading today, risk of further bull pressure cannot be ruled out. Though with one caveat, the pair continues to retain its short term weakness and there is a possibility of returning below the 1.5778 level.

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