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Gbp/Usd levels

Posted on December 4, 2008 at 11:25 in Short-Term Analysis by Valeria Bednarik

The time is close, time runs, and so Gbp to the downside. Close to the minimum at 1.4470, the pair has an old tough congestion zone @ 1.4430, so I consider a confirmation under that zone, could send the pair to 1.4244, followed by 1.4190 and finally the zone @ 1.4130/40. Only above 1.4665 we could see some bullish correction, with next resistances at 1.4710, 1.4775, and finally the zone @ 1.4830.

I’m starting the live coverage right now, se you there and back here after that!.

Tags: gbpusd

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