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03-06-2010, 04:26 PM
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GBP/USD Weekly Outlook
GBP/USD dived to as low as 1.4783 last week but drew support from 61.8% retracement of 1.3053 to 1.7043 at 1.4855 and formed a short term bottom. Initial bias is mildly on the upside this week and corrective rise from 1.4783 might extend further. Nevertheless, upside should be limited by...
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