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GBP/USD depth technical look Report 27.2.2014
The dump from yesterday afternoon fashioned an occasional at $1.6619 and though the support around $1.6603 (the thirty eight.2% Fibonacci retracement of the previous Battle of Bull Run to $1.6822) has control, the outlook looks to be shifting back towards one in all uncertainty over again. The intraday hourly moving averages square measure flattening off and maybe a lot of significantly, the two hundred hour moving average has currently rolled over and will begin to supply resistance at $1.6668.
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