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January 14, 2012

GBPUSD: Declines, Set To Recapture Its Key Support

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GBPUSD: The pair is maintaining a firm hold on to its medium term downtrend as it followed through lower on the back of its previous week losses on Friday. Though this development saw GBP testing a low of 1.5235 level, it failed to hold below the 1.5270 level, its Oct 2011 low. A convincing... FF News: Technical

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