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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 25, 2010, 11:09:22 am

Title: Chart of The Day: GBP/USD
Post by: pranjali on March 25, 2010, 11:09:22 am

Chart of The Day: GBP/USD
         

Price action on GBP/USD, a daily chart of which is shown, has broken down cleanly below both the key 1.5000 price region and a short-term uptrend support line extending from the early March low. This occurs within the context of a strong downtrend in the pair.
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/chart-of-the-day%3a-gbp%10usd-20100325109702/