GBPUSD broke above the downward trend line on 4-hour chart, indicating that lengthier consolidation of the downtrend from 1.6182 (Oct 28 high) is underway. Range trading between 1.5541 and 1.5825 could be seen over the next several days.
For more short term forex analysis and info visit via GBPUSD Daily Analysis - December 10, 2014 . Thanks for your support.
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