GBP/USD Technical Analysis for April 21, 2011

The GBP/USD broke the 1.64 mark today, showing that it is continuing to strengthen. This is especially true since the last low only feel a couple of handles. This pair looks ready to charge at 1.65, and beyond. Of course, the 1.65 level will be a big round number, and should invite profit taking. Buying on the pullbacks is recommended.


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