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GBPUSD is in consolidation to down trend

Wed, Nov 19 2008, 01:03 GMT
by Franco Shao

ForexCycle.com


GBPUSD is in consolidation to down trend, further rally is still possible to 1.5300 zone later today. However, the next short term cycle top is nearing, pullback below 1.4557 could be seen after consolidation.


GBPUSD 4H Chart


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