The Daily Forecaster: GBPUSD

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03-02-2010, 08:02 AM

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The Daily Forecaster: GBPUSD

Given the size of losses yesterday we'll either see a day of consolidation or complete panic again. Below 1.4898-18 would imply losses back through 1.4835-60 to the 1.4732 low. At all times watch to see how this correlates with EURUSD and the expectations there (which are not for panic losses.)...

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