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(GBPJPY/100+GBPCAD+GBPAUD+GBPNZD+GBPCHF+GBPEUR+GBPUSD)/7: GBP Index chart: The Pound might be starting a long term uptrend
GBP Index chart: The Pound might be starting a long term uptrend

Just food for thought. We have a confirmed uptrend signal after an extended sideways correction, coming off a significant low after a steep downtrend completion back in 2012. The Pound could start rallying well into 2016 if this forecast isn't invalidated. Similar to the Euro, I will only look for long opportunities in these pairs, unless the chart calls for a ...

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