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AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104

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GBP/USD rally stalled at key fibo

Thursday, February 19, 2015 8:16 AM UTC

Wed's rally halted at 1.5480, just 1 pip ahead of the 1.5481 23.6% fibo
1.5481 = 23.6% of the 1.7192/1.4952 decline from Jul 2014/Jan 2015
Below this fibo stay with the short trade
Trend indicators close to overbought levels
Could signal a short-term top

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GBP/USD rally stalled at key fibo

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