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    GBP/TRY: technical analysis on 27.11.2015

    On the daily chart, the pair is trading just below the EMA65 and the upper MA of Bollinger Bands. The price remains above its EMA130, however, and both moving averages are directed horizontally. The RSI, same as the Composite, broke out its last month’s resistance level. MA’s for both indicators suggest the strength of the market.

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