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darryl11
Jun 1, 2016 4:33 PM

gbpusd.. drop completed for now? 

British Pound/U.S. DollarFXCM

Description

0.38 retrace hit from the move up off the feb low, 50 day moving average has held support on this drop... if we close below the 50day MA at 144.01 then targets that secondary support line (black) around 14350. technicals still pointing to lower numbers but wonder if we see some sideways now to cool those off
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