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19th July 2011, 08:01
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GBP/USD Technical Analysis For July 19, 2011
The GBP/USD pair fell on Monday as traders shed risk and rushed for safe haven assets like the USD. The pair bounced off of the 1.60 level, but appears that it will attempt to finish near it – hardly a sign of confidence in the Pound. The pair needs to close below 1.59 in order for us to sell for the long-term.
 Source: Forex Forex Market Trading 
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