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Hemant
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« on: February 19, 2011, 11:00:04 pm »
GBP/USD Weekly Outlook

GBP/USD rebounded further to as high as 1.6261 last seek but is still bounded in range of 1.5962/6276. Nevertheless, initial bias is cautiously on the upside and break of 1.6276 will confirm that whole rise from 1.5343 has resumed. In such case, GBP/USD should target 61.8% projection of 1.4230 to<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/psgjs4bdI98" height="1" width="1"/>

Source: GBP/USD Weekly Outlook
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