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Forex: GBP/USD hovering over one.5650
The cross is trading half-way in today’s vary within the one.5650 space once falling as low as one.5597 at the start of the Asian session and jumping to one.5700 before the beginning of the eu business hours.
The try is posting gains for the second straight week, at the instant advancing zero.12% at 1.5647
The resistance levels lie at one.5648 (low Dec.21), ahead of 1.5709 (high Dec.23), then 1.5719 and 1.5729 (high Dec.22).
On the flip aspect, a breakdown of one.5548 (high Dec.19 currently sup), would bring one.5495 (low Dec.20), then 1.5465 (low Dec.19) and 1.5433 (low Dec.15).
The cross is trading half-way in today’s vary within the one.5650 space once falling as low as one.5597 at the start of the Asian session and jumping to one.5700 before the beginning of the eu business hours.
The try is posting gains for the second straight week, at the instant advancing zero.12% at 1.5647
The resistance levels lie at one.5648 (low Dec.21), ahead of 1.5709 (high Dec.23), then 1.5719 and 1.5729 (high Dec.22).
On the flip aspect, a breakdown of one.5548 (high Dec.19 currently sup), would bring one.5495 (low Dec.20), then 1.5465 (low Dec.19) and 1.5433 (low Dec.15).
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