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GBPUSD Weekly Analysis - August 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 August 2016 14:26 UTC
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Resistance is at 1.3800, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.2000 area.

gbpusd chart

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