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The GBPUSD is trading with higher highs and higher lows. Looking at rhombus forex strategy the chart, forex technical analysis : GBPUSD chops near highs Looking at the hourly chart, having said that, the action is choppy.

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Expectations of at least a measured tapering were important in sustained yield support for the US currency. The dollar maintained a generally firm tone and EUR/USD was unable to move above the 1.3250 area with a gradual slide to near 1.3200 after the Wall Street.

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