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GBP/USD Forecast November 11, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 11 November 2015 05:49 UTC

The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a shooting star. The shooting star of course signifies that we will more than likely search selling off again. So having said that, on a pullback below the bottom of the shooting star is reason enough for us to start selling again as we try to break down below the 1.50 level. It may take a couple of attempts, but eventually we should be going much lower than that, and towards the 1.45 handle.

GBP/USD Forecast November 11, 2015, Technical Analysis

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