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Tuesday, April 3, 2012
The pair GBP/USD has validated yesterday the breakout of the resistance at 1.60 and continues to move above this level. The pair is still moving into its bullish channel (purple lines). All indicators are bullish. We continue to advise long positions as far as 1.5950 is support. The breakout of 1.61 will give a new buy signal and open the way towards 1.62. In case of return below 1.
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