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GBPUSD Daily Forecast: August 29
Wednesday, August 29, 2012 8:33
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GBPUSD Forecast
The GBPUSD slipped above 1.5820 yesterday but still unable to make a clear break above that area so far. The bias remains neutral in nearest term but as long as stays above 1.5780 the breakout bullish scenario should remain intact testing 1.5900 region as nearest target. On the other hand, a clear break and daily close below 1.5780 could create a false breakout bearish scenario testing 1.5700 or lower.
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2012-08-29 08:28:20
Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-august-29-2
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