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Trade Idea : GBP/USD - Buy at 1.5030

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 4, 2015.

  1. Lily

    Lily Forum Member

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    Cable has retreated after rising to 1.5159 yesterday and minor consolidation would be seen, however, as low has been formed at 1.4895 earlier this week, downside should be limited to the Kijun-Sen (now at 1.5032) and bring another rally to 1.5165-70 (61.8% Fibonacci retracement of 1.5336-1.4895) and possibly towards previous[​IMG]

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