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Thursday, September 22, 2016

rhein

GBPUSD Potential Rectified if it fails Skip 1.3060

Forex World - Although the dollar depressed due to the projected U.S. Federal Reserve interest rates, but the pair GBPUSD looks hard-pressed to continue strengthening

. The closest is dikisaran resistant 1.3060, if failed to penetrate the area potentially GBPUSD rectified to the psychological 1.3000 level given the indicator stockhastic in the saturation buy. Transpiration below 1.3000 would bring the price to 1.2940.

While if managed to penetrate the 1.3060, GBPUSD could rise to 1.3120 area, before aiming 1.3190 area if 1.3120 exceeded.

Resistant: 1.3060, 1.3120, 1.3190
Support: 1.3000, 1.2940, 1.2880

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