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GBP/USD Clears Below Rising Trendline
Stocks, Unit trusts, Wealth Management and Forex markets
02-05-2012, 09:51 PM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,336
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GBP/USD Clears Below Rising Trendline
The GBP/USD broke below a rising trendline seen in the 4H chart. This came after a rally from near 1.58 up to 1.63. 1.63 was a pivot coincident with a declining trendline. From the 1.63 handle, the market fell through the the rising trendline, but initially traded sideways in the 
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