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GBPUSD Breaks Above 1.9894 Key Resistance

Posted on 04/24/2008 10:56:02 | Link | Post Comment

GBPUSD breaks above 1.9894 key resistance and reaches as high as 1.9924. Further rise to 2.0055 area is expected in the next several days. Near term support is at 1.9691, only break of this level will signal the resumption of the down trend.

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