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January 20, 2013

GBP/USD Technicals – 1.583 separating bulls and bears

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Following last Friday's sell-off, price anchored itself below 1.60 support/resistance, continuing the bear trend from 1.615 which started 1 week ago. Ahead of us we have 1.583 (previous swing low on 16th Nov) acting as interim support against further downside. Stochastic reading is now entering... FF News: Technical

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