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British Pound Technical Outlook
Thursday, 30 July 2009 14:13:24 GMT  |  Jamie Saettele, Senior Currency Strategist
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A triangle is nearing completion in the GBPUSD.  In fact, a triangle may be complete at 1.6337.  The rally from there is sharp and has the characteristics of an impulse.  There is potential short term support from Fibonacci at 1.6411.  Coming beneath 1.6337 would expose 1.6260. 

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