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Old 03-01-2010, 01:23 PM
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Default GBP/USD Mid-Day Outlook

GBP/USD's decline accelerates through the lower channel support today and reaches as low as 1.4783 so far. 100% projection of 1.6456 to 1.5534 from 1.5814 at 1.4892 is already met and we'd now expect further decline to 161.8% projection at 1.4322 next. On the upside, above 1.5096 minor resistance will...
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