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GBPUSD






12/23/2014 1:35:03 AM

GBPUSD - Technical Analysis: Tuesday, 23/12/2014 06:35 GMT



The price stability below the descending channel’s resistance supported by the negative pressure that comes from the exponential moving average 50.

Breaking 1.5545 level is required to support the continuation of the decline, and stochastic current positivity requires caution.


Target
Risk


Support
Resistance


Trend Bearish

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