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JigneshDavda
Jul 23, 2015 8:52 AM

Fading Bad Retail Sales Long

British Pound/U.S. DollarFXCM

Description

The GBP has dropped signifcantly on bad retail sales, however the longer term outlook is still bullish for the pair. 15m support comes in for the pair at 1.5580/1.5582 and the pair can see a bounce from there back towards resistance at 1.5635
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