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GBPUSD - We look to Sell at 1.4160

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 14, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    GBPUSD - We look to Sell at 1.4160 (stop at 1.4195) GBPUSD - Broke the sequence of 3 positive daily performances. With the Ichimoku cloud resistance above we expect gains to be limited. Selling posted in Asia. The selloff has posted a correction count on the intraday chart. There is scope for mild buying at the open but gains should be limited. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 1.4102 and 1.3980.

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