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FX.co ★ Analysis of Gbp/Usd Market Manipulations for August 27, 2010

Analysis of Gbp/Usd Market Manipulations for August 27, 2010

From my point of view, the pound is ready for a decline. There are certain conditions which show the selling of the pound by the party of main operators. The situation can change though after the GDP release:
Trading recommendations:
- To sell with a stop above 1.5255 and a target of 1.5450.

Analysis of Gbp/Usd Market Manipulations for August 27, 2010

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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