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Technical Analysis Daily: GBP/USD

posted by Avatar forexben 563 days ago in USD, Fundamental, Daily made popular 563 days ago

On Monday Pound/Dollar continued decreasing significantly with over 100 pips, in line with the negative Interbank sentiment at around -8%. The Cable depreciated from 1.6215 to 1.6111 yesterday, closing the day at 1.6178. Today the British Pound extended its weakening further down to 1.6066.
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