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Friday, March 4, 2011

gbp strike again..

gbp low against USD just a moment...
Most Likely Scenario : LONG positions @ 1.623 with targets @ 1.6325 & 1.635.

Alternative scenario : The downside breakout of 1.622 will open the way to 1.6175 & 1.613.

Comment : The pair stands above its new support and should post a rebound, the RSI is mixed to bullish.

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