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Forex: GBP/USD stalls ahead of 1.6060

December 10, 2012 | Filed Under »
Forex pairs in this Article » GBP/USD
FXstreet.com (Córdoba) - The pound pushed higher versus the greenback during the European session, and managed to trim part of last Friday's losses as risk sentiment improved within the last hours.

GBPUSD bounced from a low of 1.6012, and having climbed over 40 pips throughout the session, it recently printed a daily high of 1.6058. At time of writing, GBPUSD is trading at the 1.6050 zone, recording a 0.1% gain on the day.

As for technical levels, the Mataf.net analyst team sees immediate resistances at 1.6060, 1.6080 and 1.6130, while they locate supports at 1.6035, 1.6015 and 1.5990.
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