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GBP/USD - Technical Analysis 02-05-2009

posted by Avatar erzon 1570 days ago in USD, GBP, Technical

1,4447. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,4600 (153 pips). The consolidation should continue.
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