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Post by Charlesfx Sat May 26, 2012 11:56 pm

GBPUSD – Trading crowds have bought aggressively into British Pound weakness, and our contrarian Speculative Sentiment Index points to further near-term GBPUSD declines. The retail crowd recently hit its most bullish GBPUSD since it hit multi-year lows through late 2011, and our contrarian Speculative Sentiment Index calls for further weakness.

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