GBPUSD remains supported at the 1.6214 level. Watch key levels.

Written December 11, 2009 at 10:32 AM EST by  

gregmike-05931

The low from yesterday is basically the low for today. Yesterday the low reache 1.6214.  The low for today reached 1.6216.  Watch this level.  A break should solicit some selling in the pair.  Key support remains at 1.6158-66 (see prior post for charts and further discussion).

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