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GBPUSD






11/28/2014 1:41:49 AM

GBPUSD - Technical Analysis: Friday, 28/11/2014 06:41 GMT



The descending channel’s resistance proved its strength by pushing the price downwards, and continuous negative pressure to trade below the exponential moving average 50.

Some possible sideways trading due to stochastic positivity besides the general weak trading volumes at the markets.


Target
Risk


Support
Resistance


Trend Bearish

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