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GBP/USD pullback supported ahead of 1.5640 pivot

Monday, May 18, 2015 1:38 PM UTC

Pivot lends support to GBP/USD ahead of 200 DMA
1.5651 was the European AM low. 1.5603 is the 200 DMA
Above 200 DMA should keep long trade in play
Trend indicators overbought, caution advised, could see circa 1.58 before pullback

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GBP/USD pullback supported ahead of 1.5640 pivot

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