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Wednesday, 12 December 2012

Short-term forex trading: ++ GBPUSD, Dec. 2012

gbpusd daily chart
The British pound is targeting the resistance at 1.6175. A break-out from this level could take the price to 1.6248 and eventually 1.63. December is one of the best months for the British pound against the U.S. dollar. The medium-term trend is up.
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