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Sunday, October 24, 2010

Trading GBP/USD Outlook – October 25-29

Sunday, October 24, 2010
Trading GBP/USD Outlook – October 25-29 The first release of GDP for Q3 is the highlight of a busy week in pound trading. Here’s an outlook for the British events, and an updated technical analysis for GBP/USD. GBP/USD daily chart with support and resistance lines marked. Click to enlarge The pound suffered from the announcement of a big spending cut by the government and from more talks

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