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About LinkBacksTechnical analysts at Commerzbank claim that British pound destroyed 6-week uptrend trading versus the greenback and the downside pressure on sterling is rising.
The specialists expect the pair GBP/USD fall to the late January minimums at 1.5810. In their view, it’s necessary to take shorts place stopping above 1.63.
Chart. Daily GBP/USD
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02-11-2011, 01:35 AM #1
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Commerzbank: GBP/USD will fall to 1.5810
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