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GBP/USD Technical Analysis July 28, 2011

posted by Avatar FXEmpire 1096 days ago in USD, GBP, Technical made popular 1096 days ago

The GBP/USD pair fell hard on Wednesday, totally erasing the gains that the market made on Tuesday. The pair had gotten close to the 1.65 psychological number and failed. The market is at a critical point at the moment, as the 1.63 area looks to be supportive. If it goes – this pair falls hard. We don’t like buying as the up move happened far too l
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