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Author Topic: GBP/USD Mid-Day Outlook  (Read 4155 times)
Hemant
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« on: February 24, 2011, 05:13:57 pm »
GBP/USD Mid-Day Outlook

Outlook in GBP/USD remains unchanged. Consolidations from 1.6276 is possibly still in progress. Below 1.6100 minor support will flip bias back to the downside and start the third leg towards 1.5962 support. Nevertheless, we'll stay bullish in GBP/USD as long as 1.5750 support holds and expect another rally eventually. On<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/tJQpqizZe1g" height="1" width="1"/>

Source: GBP/USD Mid-Day Outlook
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