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rodrigosmarts
Sep 17, 2012 3:09 AM

Pound on bullish momentum 

British Pound/U.S. DollarFXCM

Description

The pound could've reached for some resistance, but doesn't encourages me selling it. I'd expect it to rebound till the yellow trendline to buy it towards the tendency.

The 1.6170 area could be a good support to aim for 1.6250 or more, if it realy decides to retrace.

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