GPBUSD Bullish Movement is expected

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GPBUSD Bullish Movement is expected

Postby ronaldm » Mon May 19, 2014 1:47 am

It shows that GBPUSD has found a support around 1.6760 level by a horizontal support and fibo 61.8% level of recent low and high. Now bullish movement expected again targeting 1.6920 area. But a break and close below 1.6760 on daily chart can make this scenario invalid.

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ronaldm
 
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