Monday, January 27, 2014

GBP/USD Backs Away From 1.6679/41

GBP/USD appeared to have a strong bullish momentum, but it slipped after a test of the monthly R1 at 1.6679, negating as a result a substantial part of its gains since Jan 17. The sell-off was stopped only at 1.6518/00, the support that should stay intact in order for the



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