Forex Analysis: GBP/USD Turns Down at Key Resistance
From Forex Crunch
November 26, 2012 - 10:47am
GBP/USD (daily chart) has made a tentative retreat after making significant gains for the past week and a half. This tentative bearish turn occurs after price climbed up to hit a key resistance confluence at both the 50-day moving average and the downtrend resistance line extending back to the September 1.6300 region high. A week
November 26, 2012 - 10:47am
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