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GBPUSD Forecast
The GBPUSD continued its bullish momentum yesterday and hit 1.6204 earlier today. As you can see on my daily chart below price slipped above a major trend line indicates a critical phase. The bias remains bullish in nearest term testing 1.6300 area. Immediate support is seen around 1.6130. A clear break below that area could lead price to neutral zone in nearest term testing 1.6050 but overall I still prefer to buy on dips.
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2012-09-14 13:07:26
Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-september-14-3