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Published On: Fri, Dec 5th, 2014

GBP/USD – Technical Analysis (05.12.2014)

The short-term outlook for the GBP/USD is positive above the 1.5585 support. The corrective movement will send the pair to the 1.5624-1.5635 resistance zone

The short-term outlook for the GBP/USD is positive above the 1.5585 support. We expect the corrective movement to send the pair to the 1.5624-1.5635 resistance zone, where the upside should be capped and the downtrend resumed.

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