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Old 07-25-08, 06:19 AM
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Lightbulb Technical Analysis Daily: GBP/USD

The British Pound continued descending yesterday against the US Dollar from yesterday's top 1.9989 to the bottom 1.9819, which are the the first resistance and support levels respectively for the currency couple today. Today however the GBP/USD started recovering because of the bad US data. If the positive trend continues,...

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