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GBPUSD Weekly Analysis - July 12, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 July 2015 07:48 UTC
GBPUSD remains in uptrend from 1.4565, the price action from 1.5814 is likely consolidation of the uptrend. Key support is at 1.5170, as long as this level holds, the uptrend could be expected to resume, and one more rise to 1.6500 area is still possible. Only break below 1.5170 support could signal completion of the uptrend.

gbpusd chart

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