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GBPUSD Forecast
The GBPUSD was corrected lower yesterday. The bias is neutral in nearest term but as long a stays above 1.5780 my overall intraday bias remains to the upside and I still prefer to buy on dips testing 1.6000 resistance area. A clear break and daily close back below 1.5780 will activate my wait and see mode as direction would become unclear testing 1.5735/00.
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2012-08-24 05:21:04
Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-august-24-4