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Gbpusd Is Testing 1.9814 Support

Posted on 07/24/2008 21:31:24 | Link | Post Comment
GBPUSD is testing 1.9814 support. A break below this level will indicate that the up trend from 1.9408 (June 13 low) has completed and long term down trend has resumed. Key resistance is now located at 2.0076, a break of this level will signal further rise towards 2.0391 (Mar 14 high).

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