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    GBP/USD: pair is expected to trade within channel on 16.10.2015

    This week, the volatility in the GBP/USD pair was high. After a sharp fall at the beginning of the week, a growth to the key resistance level of 1.5500 followed on Wednesday. Then, the pair continued trading near this level but failed to break it out. Today, the price declined slightly to the level of 1.5450.

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