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FOREX Analysis: GBP/USD Responds at 5 Day Average – DailyFX

January 23, 2013 by  
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DailyFX
FOREX Analysis: GBP/USD Responds at 5 Day Average
DailyFX
FOREXAnalysis: I wrote yesterday that “the GBPUSD is consolidating after reaching the November low and 50% retracement of the rally from the 2012 low. Ultimately, consolidation probably leads to additional weakness towards the nearly 4 year trendline …

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