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Author Archives: GBP Editor

GBP/USD fails again to hold above 1.3200

Cable bottomed earlier at 1.3156 and rebounded, rising back above 1.3200. But again it failed to hold on top and pulled back. It was trading at 1.3180, around the level it closed on Friday. The pound is among the top ...

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GBP/USD Long Term Technical Analysis October 2017

Pound sterling is a major currency under big pressure since the Brexit announcement. UK situation divided on the Brexit and looking for a way to get access to the common market despite the country move out from the European Union. ...

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GBP/USD Daily Analysis – Monday, October 23

GBP/USD extended its downside movement from 1.3337 to as low as 1.3087, breaking below a support level at 1.3121. Further decline towards the major support trend line on the daily chart is possible in the coming days. Near term resistance ...

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