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    #1 07-07-2010 10:42:56

    Bruno
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    Registered: 07-12-2008
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    Technical analysis of the GBP/USD parity on July 7th, 2010

    Commentary of the GBP/USD parity :

    The parity is currently testing the support at 1.51. As far as this level is support, we maintain to trade only long positions. The break out of 1.52 will give a new buy signal. However, if 1.51 is broken, we will stay neutral and a return on 1.5011 will be possible. Only the break out of this level will allow us to trade short positions.



    http://www.tribuforex.fr/analyses/FOREX/gbpusd-07072010.png



    See the previous analysis of the GBP/USD parity of July 6th, 2010


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