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GBPUSD continues its upward movement

Sunday, September 9, 2012 20:19
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(Before It's News)

GBPUSD continues its upward movement from 1.5490, and the rise extends to as high as 1.6033. Further rise could be expected after a minor consolidation, and next target would be at 1.6100 area. Key support remains at the upward trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.

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