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GBPUSD Weekly Analysis - January 30, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 30 January 2016 12:45 UTC
GBPUSD is in consolidation of the downtrend from 1.5929. Range trading between 1.4080 and 1.4600 could be seen in a couple of weeks. Resistance is at 1.4600, as long as this level holds, the downtrend could be expected to resume, and next target would be at 1.3700 area.

gbpusd chart

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