GBP/USD: Challenging Support at 1,6003

From Recent Commentaries |
January 10, 2013 - 8:48am

GBP/USD is moving sideways close to the support at 1.6003 (07/12/2012 low). A break of the resistance at 1.6129 (08/01/2013 high) is needed to negate the bearish bias implied by January's sharp decline.

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