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British Pound: The decline might pause for a few months

by Admin | Jan 28, 2017 | Currencies, Premium, TraderPlanet

If you have been trading the decline in the British Pound, it may be time to take profits. We have been monitoring an expected five-wave structure down from the 2014 high in futures prices, and an important support level at 1.2120 appears to be holding.

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