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03-03-2010, 09:36 AM
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Technical Analysis Daily: GBP/USD
Pound/Dollar traded hesitantly on Tuesday within the 1.4863 - 1.5032 range, closing the day at 1.4970. Today at 9:30 is the CIPS services, and BOE meeting begins. On the 3 hour chart the Cable is still moving within the well formed bearish channel, and our expectations are for the downtrend...
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