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    GBP/TRY: Fibonacci analysis on 10.11.2015

    An upward correction can continue.

    On the 4-hour chart, the price is testing the level of 4.4083 (38.2% Fibonacci correction), a breakout of which would allow the pair to grow to 4.4314 (50% correction) and 4.4550 (61.8% correction). 


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