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GBPUSD






9/17/2014 2:15:25 AM

GBPUSD - Technical Analysis: Wednesday, 17/09/2014 06:15 GMT



A minor rising wedge pattern confines the recent intraday trading, forming a negative factor that supports the continuation of the main bearish bias.

Continuous negative pressure comes from the exponential moving average 50, and stochastic reaches the overbought area.


Target
Risk


Support
Resistance


Trend Bearish

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