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April 11, 2012

GBP/USD Sets up a Range Between 1.5810 and 1.5940

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The GBP/USD bounced off the support area around 1.58, and has been trading just under 1.5950 in the 4/11 European and US trading sessions. The 4H chart shows that during US trading, the market has stalled near a recent range resistance, although it did reach beyond the previous high slightly. The... FF News: Technical

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