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GBP/USD-1.4775 bids tested after fall

  • Cable tests 1.4775 bids after half-cent+ slide since European open

  • 1.4776 = 50% retracement of 1.4699 (last Friday's 57month low) to 1.4853

  • 1.4853 was Monday's high. 1.4845 = early Europe high 

 

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