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Sunday, October 3, 2010

Forex Trading - GBP/USD weekly outlook: October 4-8

Sunday, October 3, 2010

Forex Trading - GBP/USD weekly outlook: October 4-8A busy week expects Pound traders, as many important indicators are released. The rate decision is the main event. Here’s an outlook for the British events, and an updated technical analysis of GBP/USD.
GBP/USD daily chart with support and resistance lines marked. Click to enlarge:

The Pound lagged behind other currencies in the past week,

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