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December 13, 2011

GBPUSD: Sells Off Sharply, Set To Recapture The 1.5424 Level.

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GBPUSD: With the pair following through lower on the back of its Monday weakness, risk of further declines is now building up towards the 1.5424 level, its Nov 25'2011 low. On further bearish momentum, GBP should weaken further towards the 1.5270 level, its Oct 06'2011 low where a break will resume... FF News: Technical

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