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GBPUSD - Technical Analysis as on 04-05-2015

Rexor Investments

GBP has lowered more than 350 pips in last two days. Bearish sentiments were founded below the price level 1.5494, but this was the only correction phase.


This pair will try to hit 1.5039 areas today, today first support level on breakage of this areas the trend would be bearish and the very next acceptable level would be 1.4757.

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