The GBP/USD Is Testing The Upper End Of The Range At The 1.4497 Level

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The GBP/USD Is Testing The Upper End Of The Range At The 1.4497 Level

By Greg Michalowski on February 4, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

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The GBP/USD is testing the upper end of the range at the 1.4497 level. The market has been moving up and down of late. with the meat of the range being encompasing the price range from 1.4370 to a low of 1.4185. The other key level is of course the 1.4497 level. This is the high price from the most recent range. The high so far has come in at 1.4498. A break of 1.4500 should solicit additonal buying.

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