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Trend of the Day:GBP/USD

By Gregory McLeod,
05 January 2009 05:50 GMT
01-05 you

The daily trend remains bearish. Look to sell GBPUSD on a break of the 1.4425 area with stops just above the 1.5000 area or at trend line resistance at 1.5000 with stops placed above 1.5723.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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05 January 2009 05:50 GMT