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Thread: Gbp/usd

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    Default Gbp/usd

    The British pound yesterday rallied towards the upside with new records in a strong bullish form, the pressure on the buying side could be the main reason that might lead the pound towards a new record today as well.

    The trading range for today might be between the key resistance level at 2.0400 and the key support level at 2.0280.


    The general trend is up as far as 1.9900 remains intact targets now at 2.0520 and 2.0440
    buying sterling above 2.0320 with a target at 2.0380, stop loss below 2.0270

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    Default

    Daily Pivot Points Summary

    GBPUSD 2.0364 2.0241 2.0324 2.0133 2.0187 2.0255 2.0310 2.0378 2.0432 2.0500 10:00 GMT

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    4 Hours Pivot Points Summary

    GBPUSD 2.0365 2.0310 2.0341 2.0258 2.0284 2.0313 2.0339 2.0368 2.0394 2.0423 10:00 GMT

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    Hourly Pivot Points Summary

    GBPUSD 2.0356 2.0332 2.0341 2.0306 2.0319 2.0330 2.0343 2.0354 2.0367 2.0378 10:00 GMT

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    Default

    July 17, 2007 GBP/$
    Resistance Level (High) 2.0477
    Support Level (Low) 2.0348

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