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GBPUSD Weekly Analysis - June 12, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 June 2016 14:15 UTC
GBPUSD broke below 1.4332 support, indicating that the upward movement from 1.3835 had completed at 1.4769 already. Further decline to test 1.3835 support could be expected over the next several weeks. Resistance levels are at 1.4500 and 1.4769, only break above these levels could trigger another rise towards 1.5000.

gbpusd chart

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