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GBP/USD Technical Levels for USA Trading Sessions 23/02/2016

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The GBP/USD pair is retreating 0.58% at 1.4065 and a break below 1.4058 (low Feb.22) would expose 1.4000 (psychological level) and then 1.3931 (monthly low July 2001). On the upside, the next resistance lines up at 1.4298 (high Feb.22) followed by 1.4393 (20-day sma) and finally 1.4509 (38.2% Fibo of 1.5240-1.4058).

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