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June 17, 2009 Daily FX Analysis
GBPUSD Yesterday GBPUSD had found a strong demand force at mentioned critical support at 1.6240, but it bounced from pre-mentioned resistance level at 1.6472. The pair might be in the process of forming down head and shoulders as long as it stays below 1.6472. For today we need to wait for the pair to show a clearer sentiment. Important levels are on the chart.