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GBP/USD, 04.14.16: downtrend to 1.3975

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    Main scenario: The pair is trading along an downtrend with target on 1.4050 and 1.3975, that may be expected to continue, while pair is trading below resistance level 1.4200. Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1.4200, which will be followed by moving up to resistance level 1.4275.

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