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Trade Idea: GBP/USD - Buy at 1.4405

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 18, 2016.

  1. Lily

    Lily Forum Member

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    Although cable retreated after faltering below resistance at 1.4531 and consolidation with initial downside bias is seen for weakness towards 1.4400-05, if our view that low has been formed at 1.4332 is correct, downside should be limited and bring another rebound, above 1.4495-00 would bring test of said resistance at[​IMG]

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