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September 5, 2012

GBP/USD: Recent high is challenged - MIG Bank

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GBP/USD is moving higher towards its resistance at 1.5912 (23/08/2012 high). A break above this high is needed to confirm our target at 1.6192 (see below). • GBP/USD has broken to the upside out of its 2- month consolidation. The medium-term theoretical target is 1.6192 (based on projection). ... FF News: Technical

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