GBPUSD: Still Targeting 1.6622 Level & Beyond

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September 9, 2009 by admin

As EUR and AUD continue to lead the G10 currency block having resumed their medium term uptrends, GBP looks to follow while targeting its Aug 21′09 high at 1.6622. Successfully breaking and holding above the latter will clear the way for further upside towards the 1.7041 level, its Aug 05′09…