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Published On: Thu, Nov 27th, 2014

GBP/USD – Technical Analysis (27.11.2014)

The 1.5875 resistance should halt the GBP/USD upside attempts and resume the prevaling downtrend, targetting the 1.5590 support.

Despite the GBP/USD’s advance to a session high of 1.5805, the pair’s rally looks brittle and only corrective in nature. The 1.5875 resistance should halt the GBP/USD upside attempts and resume the prevaling downtrend, targetting the 1.5590 support.

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