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GBPUSD being pressured with support tested again

Written July 10, 2009 at 9:04 AM EST by Greg Michalowski 

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The price has moved below the 1.6187 level and the 100 hour MA at the 1.6182 level.   The low for the day is 1.6172.   A move below all levels should give the bears the upper hand again.   On alert.

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