GBP/USD Daily Outlook

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03-02-2010, 08:02 AM

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GBP/USD Daily Outlook

At this point, intraday bias in GBP/USD remains on the downside with 1.5096 minor resistance intact. Current decline is still expected to continue towards 161.8% projection projection of 1.6456 to 1.5534 from 1.5814 at 1.4322 next. On the upside, touching of 1.0596 will turn intraday bias neutral and bring consolidations....

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