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Sep 9, 2012 4:48 PM

GBP/USD 09 Sep 2012 

British Pound/U.S. DollarFXCM

Description

GBP/USD price action is trading in a clearly defined uptrend. Support on the downside is located at the rising trend line level of 1.5911 followed by 1.5821 which is the 20 period SMA. Alternatively resistances on the upside are located at 1.6063 followed by 1.6139 level.
Comments
Lakhbeer
Followed.
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