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Forex » Forex Dice Major Currency Pairs » GBP/USD » TECHNICAL News on 02-20-08
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Old 02-26-2008, 04:53 AM
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Join Date: Feb 2008
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Post TECHNICAL News on 02-20-08

The 4 hour chart clearly indicates that the bearish trend has not yet said its last word. The slow stochastic is showing a classic positive slope structure which indicate on an upcoming increasing momentum. The daily chart supports the bearish momentum, as no clear reversal cross is in sight.
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