Forex | Forex | GBPUSD: Weakens, Closes In On The 1.5982 Level (02/09/2009 12:06:03)

GBPUSD: Weakens, Closes In On The 1.5982 Level

HIGHLIGHTS: GBPUSD: Weakens, Closes In On The 1.5982 Level - With price collapse taking out the 1.6152 level, its Aug 27’09 low on Tuesday, GBP remains susceptible to the downside in the nearer term and now looks to head towards. EURUSD: Biased To The Downside Nearer Term - As loss of momentum at 1.4246 saw the pair collapsing and closing lower at 1.4207 on Tuesday. GBPUSD GBPUSD: Weakens, Closes In On The 1.5982 Level. GBPUSD - With price collapse taking out the 1.6152 level, its Aug 27’09


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