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British Pound Former Resistance acts as Support - DailyFX

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British Pound Former Resistance acts as Support
DailyFX
By Jamie Saettele, Like the EURUSD, the GBPUSD has spent the last 3 days trading within the first day of the month's rang. The drop from the 2/1 high to the 2/6 low (145 pips) is the largest decline since the GBPUSD rally that began on 1/13.

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