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themarketzone
Mar 6, 2015 2:11 PM

Approaching support zone - 400 pips since short setup 

FX:GBPUSD1D
British Pound/U.S. DollarFXCM

Description

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1.55 was a weekly resistance zone I've mentioned two weeks ago in the last Weekly Markets Analysis newsletter.
After dropping 400 pips like a rock, GBPUSD is reaching an interesting support zone.

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