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Home » Forex Trading: GBPUSD staying below the 1.9453 resistance as London closes

Forex Trading: GBPUSD staying below the 1.9453 resistance as London closes

Posted by Greg Michalowski on Thu, 08/07/2008 - 10:42am in

The GBPUSD is remaining below the resistance level of 1.9453. This is the lowest closing level si9nce Feb 2008   The corrective move has taken the pair to 1,9452.  A move above the 1.9453 level would most likely lead to some profit taking.

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