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Updated the:
11/01/2012 |
GBP/USD : UK GDP pushed out the price of its bearish channel
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Sentiment :  1.6150  1.6068  |
--- Follow up analysis ---
The pair GBP/USD is currently looking for a clear trend since several days. The price has retraced the whole of its last bearish movement and is going to test the resistance at 1.60. The lower band of our last medium term bearish channel (purple lines) has allowed this rebound. We are again neutral between 1.6150 and 1.6068.
We advise to wait an exit of this range to take position: |
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Chart of the pair GBP/USD - Timeframe 4H
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Chart of the pair GBP/USD - Timeframe 1H
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| GBP/USD Live Chart - Timeframe : 4h |
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