GBP/USD – Moving below the key support at 1.6220

GBP/USD continues its relentless decline, as can be seen by the move below the key support at 1.6220. Another support stands at 1.6000 (psychological threshold and 50% retracement). Hourly resistances can now be found at 1.6233 (intraday high) and 1.6340 (05/09/2014 high). In the longer term, pri…

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GBP/USD – Moving below the key support at 1.6220

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