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Robert
10-27-2011, 06:00 PM
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GBPUSD* Forecast The GBPUSD was volatile but indecisive yesterday. Price attempted to push lower, bottomed at 1.5889 but whipsawed to the upside, closed at 1.5969 and slipped above 1.6000 earlier today in Asian session. The bias is bullish in nearest term still testing 1.6082 – 1.6200 area. Immediate support is seen around 1.5966 (current low). [.

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