Loading ...October 10th, 2008, 8:48 pm | By forexcycle | Published in Daily Technical | 
GBPUSD remains in down trend and the fall from 1.8668 extends to as low as 1.7011 level. Deeper decline may be seen to 1.6750 later today. Initial resistance is at the down trend line from 1.8668 to 1.7659, now at 1.7475 level, as long as the trend line resistance holds, we’d expect downtrend to continue.
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