Home Analyses GBPUSD Fall Trend – February 20, 2017

GBPUSD Fall Trend – February 20, 2017

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At GBPUSD we have seen some relaxation after climbing up to 1.27 times and now we see the downward trend tested. If the 1.2470s broke through the pressure on the dollar index, we could witness a rapid rise.

In the case of withdrawals, 1.2380 and 1.2350 regions are expected to work as important support below.

gbpusd-20-02-2017-technical-analyze

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