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Thursday, December 7, 2017

GBPUSD Reacts to Former Trend Line Resistance

December 07, 2017 0 comments
The GBPUSD just tested a former multi-year resistance level as new support. We’ve discussed the 2014 trend line several times in recent weeks including the November 29 close above it. As you can see from the chart below, GBPUSD bulls reacted almost immediately when today’s session hit a low of 1....

GBPUSD Reacts to Former Trend Line Resistance
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