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GBP/USD props 76.4% fibo

  • 1.5386 = four-day low for cable after stops below 1.5395 fell

  • EUR/GBP buying was means for cable slide through 1.54

  • 1.5385 = 76.4% of 1.5333 (Monday low) to 1.5554 (Thursday 8week high)

  • 1.5449 = late Asia/early Europe high. 1.5395 = Thursday low 

 

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