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The Daily Picture: GBP/USD

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10-29-08, 08:10 AM

ActionForex.com ActionForex.com is offline

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The Daily Picture: GBP/USD

To the downside, break lower of current consolidation pattern will result as a pullback on 1.5850 levels. If the the support extending from 1.5740 to 1.5870 can't hold & reject prices higher, a pullback in the main triangle is considered as negative. Then, 1.5670 & 1.5530 are next downside objective,...

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