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Pound Poised For Big Move Against U.S. Dollar?

By Luis Gil,
10 December 2008 02:22 GMT

The Pound/Dollar has seen itself bounce off of support on three occasions since the end of the previous week. It has since consolidated between 1.4700 and 1.4775. Traders may wish to wait for the pair to breakout of this congested zone before making a move.

12-09-08 gbpusd

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10 December 2008 02:22 GMT