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Trade Idea: GBP/USD - Buy at 1.3830

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 29, 2016.

  1. Lily

    Lily Forum Member

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    Although cable has rebounded after falling to 1.3841 earlier today in Asia, reckon the Kijun-Sen (now at 1.3942) would limit upside and near term downside risk remains for recent decline to extend one more fall to 1.3825-30, however, loss of downward momentum would keep price above 1.3800 and bring another[​IMG]

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