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GBP/USD Technical Analysis September 19, 2011

posted by Avatar FXEmpire 250 days ago in USD, GBP, Technical

The GBP/USD market continues to meander around the 1.57 – 1.58 area. The pair recently broke through the massive support area in the form of the 1.5850 area, and looks to be weak in the face of a 5 day winning streak for the stock markets. Since this pair normally follows the stock markets in general, the lack of serious pushed northward seems to s
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