GBP/USD is still bouncing from the low of its declining channel. Monitor the resistance at 1.5940 (intraday high). An hourly support is at 1.5881 (19/11/2012 low). • GBP/USD is likely moving in a long-term horizontal range. The break of the support at 1.5914 (23/10/2012 low) opens the way for …
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GBP/USD – Grinding higher