Forex Strategy: GBP/USD Aiming Above 1.65
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- GBP/USD Technical Strategy: Flat
- Prices broke resistance at 1.6406 (38.2% Fib exp.), exposing 1.6577 (50% Fib)
- Stretched RSI studies warn against entering long for the time being
Confirm your chart-based trade setups with the Technical Analyzer.
Weekly Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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