GBPUSD Technical Update – Week Of 4/2/13

Cable was trading around the 1.5865 area heading into Friday and looked set for a weekly basis gain. However, the price action as the week drew to a close had the GBPUSD pair covering around 189 pips – with the majority of this to the downside – post the NFP report. …

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GBPUSD Technical Update – Week Of 4/2/13