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GBP/USD May Decline Past Previous Projection GBP/USD May Decline Past Previous Projection
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Old 03-01-2010, 01:23 PM
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Default GBP/USD May Decline Past Previous Projection
The GBP/USD had a 150% projection target near 1.49, as can be seen in the daily chart. The market came out of the gates bearish on the GBP/USD and pushed it to the 61.8% retracement as we can see in the weekly chart. Judging from the persistance of the decline,...
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