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Forex Analysis

11/27/2013 10:41:29

GBP/USD: This could be it

The weekly close is approaching and the feeling is that the GBP/USD could finally close above 1.6260.

We have seen a bullish gap filled and followed by a rebound towards the top part of a potential flag formation.

If this formation is confirmed, we could see a strong move in the following weeks/months towards the 2011 high at 1.6746.

José María Rodríguez 

▸ Forex Analysis

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