LiteForex - Analytics

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GBP/USD: analysis and forecast on 11.03.2015

The pound traded with high volatility last week, having approached local lows again; then GBP/USD corrected up to a level of 1.5140. At the present time trades are being conducted below 1.5100, 23,6% Fibonacci retracement level that will hardly allow the pair to move upwards. 

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