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Jun 27, 2016 12:58 PM

GBP/USD- Falling channel on 15-min chart 

British Pound/U.S. DollarFXCM

Description

Pair's failure to take out Friday's low of 1.3226 could result in a drop to falling channel support currently seen at 1.3045 levels.

On the other hand, intraday bearish invalidation is seen only if the falling channel is breached on the higher side on 15-min closing basis.

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