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Trade Idea: GBP/USD - Buy at 1.4260

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 14, 2016.

  1. Lily

    Lily Forum Member

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    As cable has retreated after surging to 1.4437 on Friday (a shooting star was formed on the 4-hour chart), suggesting consolidation below this level would be seen with mild downside bias for retracement to 1.4300-10, however, reckon support at 1.4254 (Friday's low) would contain weakness and bring another rise later.[​IMG]

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