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GBPUSD – Vulnerable, Consolidates

February 17, 2011 by admin Leave a Comment

GBPUSD The pair is vunerable to the downside as long as it holds within its symmetrical triangle (clearly seen on the weekly chart) and below the 1.6272 level. A firm break and hold above the latter is required to open further upside risk towards its Nov’2010 high at 1.6298

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GBPUSD – Vulnerable, Consolidates

Filed Under: Forex News Tagged With: 2010-high, above-the-latter, clearly-seen, downside, downside-as-long, firm-break, holds-within, its-symmetrical, open-further, the-1-6272, the-downside, towards-its, upside-risk

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