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GBP/USD Forecast February 8, 2012, Technical Analysis

posted by Avatar FXEmpire 107 days ago in USD, GBP, Technical made popular 107 days ago

The GBP/USD pair shot straight up for the session on Tuesday as we suggested that it could, but the pair also stopped at the 1.59 level that we also suggested in yesterday’s video as well. The pair has been parabolic, and a pullback could be coming fairly soon. Regardless, we are not willing to buy at this lofty area, and as a result will need to s
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