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Callum
Singapore, Singapore
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179
14 years ago
Jan 19, 2010 17:31
In Thread: GBP Trade Index 18-Year Chart
Since GBP/USD broke the 164 support, it seems to be heavily supported above 1.63. Does this seem like a temporary strength fueled by M&A or does it look like it will start to resume on the overall long-term downward trend once risk appetite comes through? I am assuming for intraday the 164 could serve as the psychological resistance?
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