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Thursday, February 9, 2012

GBP/USD 09.02.2012


/ On : 12:43 PM
The GBP / USD has tested resistance at 1.59 yesterday without success and has just completed a pullback on 1.58.
Indicators are generally optimistic.
We continue to advise long positions is 1.5750 as support.
The break of 1.59 will give a new buy signal and open the way to 1.60.
In case of return under 1.5750we will be neutral between this level and 1.5669.
The breaking of 1.5669 would give a sell signal.


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