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GBP/USD flat, signals suggest consolidation

Wednesday, May 6, 2015 3:29 AM UTC

+15pts in Asia - opened +0.47% - election in the balance
Neutral momentum studies, 5, 10 & 20 dma's conflict, Bolli's edge higher
Mixed signals suggest bounce is over & a period of consolidation due
Initial support/resistance are seen at 1.5088 low & NY 1.5218 high

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GBP/USD flat, signals suggest consolidation

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