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Friday, February 10, 2012

GBP/USD 10.02.2012


/ On : 10:57 AM
Correction GBP / USD continues its movement towards 1.5750 support.
Indicators are now generally bearish.
We continue to advise long positions is 1.5750 as support.
Back above 1.58 would strengthen our bullishness.
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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