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FxWirePro: GBP/USD struggles to close above 1.5200, good to buy at dips

Friday, November 13, 2015 11:58 AM UTC

Cable recovered till 1.5246 yesterday and retreated till 1.5176. It is currently trading at 1.52180.
On the higher side major resistance is around 1.5262 and break above will take the pair to new level till 1.5300/1.5360 level.
The pair's support is around 1.5200 and any break below 1.5200 will target 1.5160/1.5130

It is good to buy at dips around 1.5170 with SL around 1.5130 for the TP of 1.5230/1.5260

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FxWirePro: GBP/USD struggles to close above 1.5200, good to buy at dips

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