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GBPUSD: Maintains Above Rising Trendline

Money Mind - Forex


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Old 11-04-2012, 10:00 PM
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Default GBPUSD: Maintains Above Rising Trendline

The pair may be hesitating and threatened by the bears but continues to trade and hold above its trendline support (at 1.5803).As long as this continues to hold, GBP is likely to return to its key resistance at 1.6059 level. A break will resume its medium term uptrend and then

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