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On the other hand, if the trend-line at 2.1076 fails to stop the decline, the price will likely fall down to 2.06, while additional major supports are at 2.05 (weekly PP) and at 2.04 (200-hour SMA). However, the SWFX market participants seem to dislike the idea of the more expensive Pound. Among the open positions only 28% are long.
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