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Commentary Topic from greenfaucet

GBP/USD Inches Off Floor in Volatility Trading

By Greg Michalowski | February 08, 2010 | 8:30 AM | 0 Comments

    The GBPUSD has had a choppy trading session as the market fights with negative fundamental bias and a market that may be oversold and in need of a consolidation/non-trend period. Last week the  price moved from a high of 1.6068 to the low of 1.5533 today.   The low from Friday reached 1.5557. 

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