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GBPUSD on Track to Achieve 163.50 Target

April 29th, 2009

GBPUSD looks to be on target to achieve it’s up-side objective of 163.50 once a close above 150.00 is secured.

If a breach of 150 does occur, my guess is we will see a drop in volatiity, and a much slower move up than we witnessed on the way down.

Jay Norris

www.trading-u.com

gbpusdupside

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