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Thursday, February 2, 2012

GBP/USD 02.02.2012


/ On : 12:04 PM
After taking support of 1.5749, a further acceleration up occurred on the GBP / USD brokeresistance at 1.58, giving us a new buy signal.
Parity continues to evolve in the short term upward sloping (black line).
All indicators are bullish.
We continue to advise long positions as 1.57 is support.
1.59 gives the breakdown of a new buy signal and open the way to 1.60.
If back in 1.57, we will be neutral between this level and 1.5670.
The breaking of 1.5670 would give a sell signal.


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