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March 5, 2012

GBPUSD: Bear Threat Halts Medium Term Bullish Momentum

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GBPUSD: While GBP continues to remain vulnerable to the downside following its Friday's sell off, its broader medium term bias still points to the upside. As long as it can trade and hold above the 1.5642/53 levels, its Feb 14/15'2012 lows, it should eventually return above the 1.5924 level, its Feb... FF News: Technical

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