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GBPUSD-Monday, February 9, 2009

090209-0649-gbpusd1hr.gif
Playing around the delta 2.618 target at the moment.

UPDATE 9:45 AM EST
090209-0945-gbpusd1hr.gif

Market beginning to feel comfortable resting above the 2.618 target. Next target, if this is a valid pattern, would be 1.5265.

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