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RTFX TraderTip: GBP-USD Daily - 02 February 2012
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5888 or 1.5909 if support around 1.5808 hold. After which a pullback to 1.5808 - 1.5770 zone is possible. Warning: End of trend - Imminent end of bullish move. Elliott: extended impulse wave up 1.5945. Closing: 1.5833. Pivot: 1.5808.
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