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01.02.201318:58 Forex Analysis & Reviews: GBP/USD bearish outlook - for February 01, 2013 (Daily Strategy)

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

The British pound resumes a short-term downtrend, after it has recovered positions yesterday. The pair stopped below the 200 day moving average periods (blue) and is at the level of 1.5898, as we mentioned yesterday.

Exchange Rates 01.02.2013 analysis

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