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TFC Commodity Trading Forum

the cable anaysis 12/2/2014 *LINK* *PIC*

GBPUSD's upward movement from 1.6252 extended to as high as 1.6487. Further rise could be expected after a minor consolidation, and next target would be at 1.6600 area. Support is at 1.6340, only break below this level could trigger another fall to 1.6150 zone.