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Wednesday, February 1, 2012

GBP/USD 01.02.2012


/ On : 12:53 PM
The GBP / USD broke the 1.5749 resistance yesterday, giving us a new buy signal.
Subsequently, resistance to 1.58 has been tested, but is currently a movement correctionparity and test its ascent slope short run (black line).
All indicators are bullish.
We continue to advise that the long positions is 1.5670 support.
1.58 gives the breakdown of a new buy signal and open the way to 1.59.
In case of return under 1.5670, we will be neutral between this level and 1.56.
The break of 1.56 would give a sell signal.



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