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October 22, 2012

GBPUSD Technical Update – 22/10/2012

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Our GBPUSD technical update on Friday afternoon highlighted the previous price support zone between 1.5970 and 1.6000 and noted that the level may well provide support again. The daily pound/dollar chart below (figure 1) shows this level has held so far this week as a base and cable bears could not... FF News: Technical

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