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Dec 02

TECHNICAL ANALYSIS BY NSFX 02.12.2013

By:Nati

High:  Low: 

The pair has made gains for four weeks since testing support close to 1.59. Buyers took the GBP through resistance levels at 1.6260 and 1.6310 to be trading above 1.64 today a price level not seen for just over two years. Support level may be found towards 1.6360 should bearish sentiment see offers on the GBP.

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R1
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